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