procjene

Procjene is the plural form of procjena, a term used in Croatian, Bosnian, and Serbian that translates roughly to estimates or assessments in English. In general, procjene refer to provisional figures or judgments about quantities, costs, risks, or outcomes, produced when exact measurements are unavailable or impractical.

Procjene appear across fields. In business and project management, they include cost estimates, schedule estimates, and resource estimates. In science and engineering, they cover parameter estimates, predictive estimates, and uncertainty bounds. In public policy, procjene occur as impact assessments or forecasts.

Procjene arise from statistical estimation, modeling, expert judgment, or a combination. They may be point estimates (a single value) or interval estimates (a range), accompanied by uncertainty measures such as confidence intervals or probability distributions. Techniques include sampling, regression, Bayesian updating, scenario analysis, and sensitivity analysis.

Estimates are inherently provisional and subject to limitations. They depend on data quality, model assumptions, and cognitive biases. Transparent documentation of methods, data sources, and assumptions is essential, as is updating estimates when new information becomes available.

See also: estimation, forecasting, appraisal, risk assessment.