Incorrect cost estimates can negatively impact project schedules Consequently, it is critical to have an effective estimating process, which can vary by project For this discussion, post the following Provide a brief project scenario (describe the purpose of the project) and use Bottom Up Estimation approach Be sure to cite the source of the estimation approach in your post Provide reasons for why the Bottom Up Estimation approach is appropriate for the given situation

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Question: Incorrect cost estimates can negatively impact project schedules. Consequently, it is critical to have an effective estimating process, which can vary by project. For this

Incorrect cost estimates can negatively impact project schedules. Consequently, it is critical to have an effective estimating process, which can vary by project. For this discussion, post the following:

Provide a brief project scenario (describe the purpose of the project) and use Bottom-Up Estimation approach. Be sure to cite the source of the estimation approach in your post.
Provide reasons for why the Bottom-Up Estimation approach is appropriate for the given situation.

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