Question: what is the difference between an estimate and a forecast? Which is best for contract management schedule development?

what is the difference between an estimate and a forecast? Which is best for contract management schedule development?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

P\" Project 1 Management I&. Institute. ASTRAZENECA Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVlD-19 spread throughout the world in the spring of 2020, AstraZeneca...

Q:

P\" Project 1 Management I&. Institute. ASTRAZENECA Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVlD-19 spread throughout the world in the spring of 2020, AstraZeneca...

Q:

CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an effective COVID-19 vaccine to defeat the virus. In...

Q:

Question 1: 1.1 Generally speaking, a project manager needs to be concerned with achieving the desired scope and quality subject to constraints of time and cost. A project manager needs to understand...

Q:

Question ASTRAZENECA: Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an...

Q:

Question ASTRAZENECA: Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an...

Q:

Question ASTRAZENECA: Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an...

Q:

Question ASTRAZENECA: Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an...

Q:

Question ASTRAZENECA: Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an...

Q:

Question ASTRAZENECA: Fighting a Global Pandemic CHALLENGE: From Lab to Jab at Light Speed As COVID-19 spread throughout the world in the spring of 2020, AstraZeneca recognized the need for an...

Q:

Cancer deaths: Suppose for a set of counties i = {1,...,n} we have infor- mation on the population size X number of people in 10,000s, and Y number of cancer fatalities. One model for the...

Q:

Calculating Market Demand The Industry Demand Analysis will help the Marketing and Production Departments understand future demand. Marketing can use the total demand for each segment as it creates a...

Q:

Indicate which of the following statements are TRUE or FALSE by putting a tick () in the appropriate box. Statement The internet is part of the World Wide Web (WWW) All recipients of emails can see...

Q:

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...