Question: How do project managers prepare time and cost estimates for their projects, especially when they are not familiar with the project scope? How would you

  • How do project managers prepare time and cost estimates for their projects, especially when they are not familiar with the project scope? How would you prepare time and cost estimates for your project?

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!

Q:

How do project managers prepare time and cost estimates for their projects, especially when they are not familiar with the project scope?

Q:

How do project managers prepare time and cost estimates for their projects, especially when they are not familiar with the project scope? How would you prepare time and cost estimates for your...

Q:

How would a project manager prepare time and cost estimates for an upcoming (construction) project to present a general, high-level walk-through for an executive-level audience. How would a project...

Q:

48. Its common especially among smaller companies to lack an extensive committee whose mission is to evaluate system requests, and in these cases oftentimes there is in fact only one person assigned...

Q:

Assume that you are working as a project manager for a construction company. In your initial post, Discuss how you would prepare time and cost estimates for an upcoming project. Provide a general,...

Q:

Discuss how you would prepare time and cost estimates for an upcoming project. Provide a general, high - level walk - through for an executive - level audience. Discuss how you would prepare time and...

Q:

52. There is a field of study that considers all of the support and maintenance costs in addition to the acquisition costs of an item, and this field of study is known as _____ . a. CRC (customer...

Q:

21 A project is running ahead of schedule. The project manager decides to level its peak resource usage in the remaining schedule by releasing some resources to work on other projects. Which triple...

Q:

Assume that you are working as a project manager for a construction company. how you would prepare time and cost estimates for an upcoming project. how you would prepare time and cost estimates for...

Q:

Assumptions Assume that the project will be lunched date is on 26/4/2020 There is one 8-hour shift per day, 8:00-16:00, Sunday to Thursday. Question: What would be the estimated project completion...

Q:

If a note provides for payment of principal of $150,000 and interest at the rate of 4%, will the interest amount to $6,000? Explain.

Q:

At a lake, does the lake water or the lake beach get hotter during a summer day? Which gets colder during a winter night? Explain.

Q:

Pancho Compary reported net income of $ 2 4 5 , 0 0 0 for 2 0 2 5 . Panche sold equipment that cost $ 1 0 0 , 0 0 0 and had a book value of $ 6 0 0 0 0 for $ 5 2 . 0 0 0 . The comgarathe batance...

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...