Question: In the initiation phase, a Project Manager estimates the cost of a project to be $200,000, which includes a contingency reserve of $20,000. The management

 In the initiation phase, a Project Manager estimates the cost of

In the initiation phase, a Project Manager estimates the cost of a project to be $200,000, which includes a contingency reserve of $20,000. The management also estimates a management reserve of $30,000. What is the rough order of magnitude taking into consideration -50% to +100% as a range for the ROM

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 Mathematics Questions!