Explain the factors that can affect cost estimate quality, Project Estimating Technique Paper

Review Ch. 5 of Project Management: The Managerial Process and the Week 1 ERR articles located under the “Project Estimation,” “Project Scope,” and “Project Risk Analysis” topic headers.

Write a 350- to 700-word paper that briefly explains the following:

  • Explain the factors that can affect cost estimate quality.

  • Explain the difference between top-down and bottom-up estimates including when each would be used.

  • Explain the methods for estimating project costs.

  • Explain the types of costs.

    Format your paper consistent with APA guidelines.

Reference Materials;

Larson, E. W. & Gray, C. F. (2014). Project management: The managerial process (6th ed.). New York, NY: McGraw-Hill.

Week 1 ERR

Project Estimation


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