When you display cost estimates, when it comes to ranges, what words do you use to convey: Lower End of the Range, and higher End of the range.
The terms I chose (Min/Max) were not liked , so I was wondering if anyone else had any suggestions. Also, what I consider "min" is actually a reasonable cost and I believe it should cost that much. I'm only putting in the max to avoid potential trouble down the road. So it's really, a TARGET cost and a MAX possible cost. Any help is much appreciated.
Research done: I did a lot of research on this and the best article that has the info is here. It recommends saying "best/worst case". Again, management did not like the use of this term either.