The phrase 'cost projection' is correct and commonly used in written English.
It refers to an estimation of the expected expenses or prices for a particular project, product, or service. Example: The company's cost projection for the new product launch was deemed too high by the board of directors, prompting them to reconsider their pricing strategy.
This data article explores the factors that contribute to maintaining steady cost projection on construction projects.
Maintaining steady cost projection on wastewater projects had been recently an issue of serious concern, both to the client and project contractors.
The cost projection for the California project has already risen to $42.6 billion from $34 billion just for the initial San Francisco to Anaheim line.
The project became controversial when construction began and the cost projection was raised to $35 million.
But the prospects for such a measure were shaken by the cost projection from the staff of the joint tax committee.
The Senate voted 53 to 41 to block the effort by Mr. Dorgan to require the administration to add a cost projection to the Pentagon bill.
Based on cost projections for our recent project expansion which includes hundreds of patients, we believe this intervention will result in net Medicaid savings, even with a more modest annual reduction in hospitalizations, as our per patient costs are projected to be significantly lower, at approximately $3,500 per patient per year (versus pilot costs more than three times that amount).
In one example (see pages 16-18 of the report for the discounted cashflow calculations) it examines the cost projections for the Royal Liverpool and Broadgreen University Hospitals NHS Trust's PFI project, currently in the procurement stage with the business plan approved by successive governments in 2009 and last year.
The report found management lapses in a major aid agency housing program, including underestimated or inaccurate cost projections that have swelled spending on the project — to $97 million from $59 million — while reducing the number of housing units to be built.
The cost projections have been one focus of the debate over the project, with critics calling for more financial detail beyond the current estimate of $300 million.
More seriously, cost projections are way off.
