Question: Question 1: (40 Marks) i) For a start, Ir Liu needs to do the initial project estimation in order to develop work package estimates for

Question 1: (40 Marks) i) For a start, Ir Liu
Question 1: (40 Marks) i) For a start, Ir Liu needs to do the initial project estimation in order to develop work package estimates for his project team. Describe and explain what are the inter-related factors he has to consider in order for him to develop a quality of estimates, in order to carry out the project estimation. (20 Marks) ii) While being influenced by the factors in (i), describe what are the key considerations he needs to take into account in preparation for the initial estimates while developing work package estimates and ensuring the quality of this particular project estimation is in line with the best practices of project management. (20 Marks)

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