VideoVocab

Estimate (Verb) [I,T]

|ˈestəˌmāt|

Definition:

to calculate or guess what you think the value, size, amount, etc. of something will probably be.

Examples:

- We estimate the project will take 6 months to complete

- The value of the deal is estimated at £12m.

- The aim of this report is to estimate the effects of macroeconomic policy on the economy.

Derivatives:
– to make an estimate (noun) [C]
– to give an estimation (noun)

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Our word for today is:
Project (Noun)
|ˈpräjˌekt; -ikt|

Definition:
An important and carefully planned piece of work that will create something new or improve a situation.

Examples:
- British Aerospace expected the project to be completed by early 2006.

- I’ve been working on this project for 3 months.

- I’m the project manager for our new database.

Strong Collocations: project management, project manager & pilot project

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