Question: QUESTION 1 a) Cost estimation is important to define the scope the project. Choose TWO types of cost estimating techniques that you are adopting for

QUESTION 1 a) Cost estimation is important to

QUESTION 1 a) Cost estimation is important to define the scope the project. Choose TWO types of cost estimating techniques that you are adopting for a project. Discuss the advantages and disadvantages of both techniques and highlight factors that can influence your project cost estimation. b) Table 1 shows the earned value analysis project case studies. Based on FIVE cases highlighted in Table 1, comment the status of each project cases using the information given. Table 1 Project casel Kes projek Planned Earned Value (BCWS) Actuals (ACWP) 1 2 3 4 5 800 800 800 800 800 800 600 400 600 800 Actual Earned Value (BCWP) 800 400 600 600 600

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