Cost Estimation
Cost estimation is the process of approximating the expenses of a space mission or project. It involves identifying and quantifying all the costs associated with the project, including research and development, manufacturing, launch, operations, and maintenance. Cost estimation is a critical aspect of space and astronautical engineering as it helps in determining the feasibility of a project and in making informed decisions about resource allocation. It also helps in identifying potential cost-saving measures and in managing the budget throughout the project lifecycle.
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