4. Did CMC use bottom-up or top-down cost estimating? Do t budgets for each of their I. Do you think dividing CMC's business into two groups solve their problem? Why or why not? you think CMC developed projec projects? 2. Do you agree that marketing and selling CMC's business 5. Would a risk analysis of the 2500-car parking garage services is a continuing task that should be done in a functional group? example have helped CMC win the bid? If so, which techniques would have been most useful? If not, what was wrong with CMC's perspective? Describe how you think CMC's computer system estimated projects' costs 3. Were there any signals that CMC's market was in the process of changing that management could have acted upon? If so, what were they? 6. This article clearly describes the importance and impact of cost-related issues on a project. These issues can significantly alter the profitability and even success of a project. Costs are discussed from three viewpoints: that of the project manager, the accountant, and the controller. Not only are the amounts of expenditures and encumbrances important, but their timing is critical also, Perhaps most important is having a project cost system that accurately reports costs and variances in a way that can be useful for managerial decisions. 4. Did CMC use bottom-up or top-down cost estimating? Do t budgets for each of their I. Do you think dividing CMC's business into two groups solve their problem? Why or why not? you think CMC developed projec projects? 2. Do you agree that marketing and selling CMC's business 5. Would a risk analysis of the 2500-car parking garage services is a continuing task that should be done in a functional group? example have helped CMC win the bid? If so, which techniques would have been most useful? If not, what was wrong with CMC's perspective? Describe how you think CMC's computer system estimated projects' costs 3. Were there any signals that CMC's market was in the process of changing that management could have acted upon? If so, what were they? 6. This article clearly describes the importance and impact of cost-related issues on a project. These issues can significantly alter the profitability and even success of a project. Costs are discussed from three viewpoints: that of the project manager, the accountant, and the controller. Not only are the amounts of expenditures and encumbrances important, but their timing is critical also, Perhaps most important is having a project cost system that accurately reports costs and variances in a way that can be useful for managerial decisions