scopeamount
Scopeamount is a project management metric used to quantify the monetary value attributed to the defined scope of work in a project. It represents the estimated financial value of all deliverables and required tasks included in the scope, excluding optional features and items outside the agreed scope. The term helps compare project size, guide bidding, and align stakeholders around the scope itself rather than just the overall budget.
Calculation of scopeamount can be done by aggregating unit costs for each included task, using a work
Limitations include ambiguity in how the scope is defined, which can affect comparability across projects. Its
Example: a software project defines 12 features with associated tasks totaling an estimated $420,000; the scopeamount