Question 1

1. Cost estimation is important to define the scope of 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.
2. 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 / Jadual 1

Project case/ Kes projek	Planned Earned Value (BCWS)	Actuals (ACWP)	Actual Earned Value (BCWP)
1	800	800	800
2	800	600	400
3	800	400	600
4	800	600	600
5	800	800	600