
Project Quantification Standard
Project Quantification Standard is a structured approach used to objectively measure and evaluate different aspects of a project, such as costs, resources, time, and risks. Its goal is to provide consistent, reliable data to help decision-makers plan, compare, and optimize projects effectively. By establishing clear metrics and methods for measurement, it ensures that project assessments are uniform and transparent, enabling better budgeting, forecasting, and performance tracking throughout the project's lifecycle. This standard promotes accuracy and fairness in project evaluation, supporting informed decision-making and improved project outcomes.