Question: Why are cost estimates so important, yet so difficult, in project planning? What are the implications and consequences of overestimating costs, and of underestimating costs?

Why are cost estimates so important, yet so difficult, in project planning? What are the implications and consequences of overestimating costs, and of underestimating costs?

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Why are accurate cost estimates so important, yet so difficult, in project planning? What are the implications and consequences of overestimating costs? Of underestimating costs?

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