Question: Explain why either top-down (macro) or bottom-up (micro) estimating techniques are appropriate for the following types of projects/decisions: I. Strategic decision making II. Fixed-price contracts

Explain why either top-down (macro) or bottom-up

Explain why either top-down (macro) or bottom-up (micro) estimating techniques are appropriate for the following types of projects/decisions: I. Strategic decision making II. Fixed-price contracts III. Unstable scope

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Answer all the questions widely. I will upvote you. 05 II. 3. a) Discuss the factors that influence the quality of estimating the project times and costs. b) Explain why either top-down (macro) or...

Based on the selected article answer the following questions: What is the basic theme of the article? Try to state it in just one or two paragraphs. Did the article present a good support base?...

Need the following info with explanations as soon as possible. using the attached 10K Prepare a horizontal analysis of your company's Income Statement over the past two years. Calculate the following...

I need help figuring this ratio ASAP. The 10K I am using is attached. I would like an explanation if possible, not just an answer. I need to figure out where this information is even at. Thank you so...

303 DEVELOPING A PROGRAM PHILOSOPHY AND RATIONALE STATEMENT Previous chapters have discussed the processes used in developing new courses and improving programs and fields of study. Each of these...

Journal of Information Technology Education Volume 6, 2007 The Delphi Method for Graduate Research Gregory J. Skulmoski Zayed University, Dubai, United Arab Emirates Francis T. Hartman and Jennifer...

Hi there I need help answering ASSIGNMENT 1 ONLY by Friday afternoon. I have attached the study pack to help answer the question. Thanks! FIN4802 ASSIGNMENTS ASSIGNMENT 01 Due date: 13 May 2016...

This paper should include 3-5 pages of content with an additional cover and reference page. This is a total of 5-7 pages. Please be aware that a properly formatted page will include approximately 350...

Controller, Judy Koch, in a recent speech said, "I rarely see a real variable cost or a truly fixed cost." What did she mean? Include in your response an explanation of the difference in behavior of...

The articles describes four cultures defined by two continuums in a 2 x 2 matrix. Would a complex project be able to be accomplished in a fragmented Project Management team culture? If not, what...

a. Explain what is meant by the statement: When a single die is rolled, the probability of a 1 is . b. Explain what is meant by the statement: When one coin is tossed one time, there is a 50-50...

Tinto Company is planning to invest in a project at a cost of $135,000. This project has the following expected cash flows over its three-year life: Year 1, $45,000; Year 2, $52,000; and Year 3,...

Select all that apply Which of the following are forms of hydrotherapy? Multiple select question. Shortwave diathermy Shower spray Continuous tub bath Wet sheet pack

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...