05 Dec cost estimation
Order Instructions
The text provides five specific areas or reasons that cost estimation seems to occur. Describe a project that you have been involved with where at least one of these factors occurred. How would you improve the cost estimation method with the knowledge you have gained in the reading this week? Respond to at least two of your classmates’ postings.
Required Readings
Read the following chapters in Cost and Value Management in Projects:
Chapter 3: Cost Estimation
Chapter 4: Project Budgeting
