Question: 8 ) You are the project manager for the PMH Project. Three vendors have submitted cost estimates for the project. One of the estimates is
You are the project manager for the PMH Project. Three vendors have submitted cost estimates for the project. One of the estimates is significantly higher than similar project work in the past. In this scenario, you should do which of the following? A Ask the other vendors about the higher estimate from the third vendor. B Use the cost estimates from the historical information. C Take the high cost to the vendor to discuss the discrepancy before reviewing the issue with the other vendors. D Ask the vendor that supplied the high estimate for information on how the estimate was prepared.
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