Question: A continual management problem is that the executive stakeholders, i.e. the clients, as well as user stakeholders frequently need to know how long the project

A continual management problem is that the executive stakeholders, i.e. the clients, as well as user stakeholders frequently need to know how long the project will take and how much it will cost. Please provide detailed responses to the following in a forum posting:

How does the project manager answer this problem?

How does he/she give a meaningful answer but also recognizing that it may be completely erroneous?

How does he/she protect himself/herself, yet give an answer to help executive management make a decision whether to invest in the new system or not?

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