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Topic: What Is a Rough Order of Magnitude (ROM)? (Read 99 times) previous topic - next topic

What Is a Rough Order of Magnitude (ROM)?

 A rough order of magnitude is a quick guess of how much something will cost or how long it will take. People use it in construction to plan budgets or time. It’s not exact but gives a good idea. For example, if building a house costs around $100,000, that number might be a rough order of magnitude to help plan things early on.