Question: Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. If the total project cost is estimated to be $600,000, what are the
Exercise Figure 5.1 is a project WBS with cost apportioned by percentages. If the total project cost is estimated to be $600,000, what are the estimated costs for the following deliverables?
EXERCISE FIGURE 5.1 WBS Figure
Design
Programming
In-house testing
What weaknesses are inherent in this estimating approach?
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