Cost estimation prior to the start of a project is, Ask an Expert

Management Studies

Cost estimation prior to the start of a project is vital.

This helps managers realize the overall cost constraints they would be operating under post the commencement of the project itself.

What factors should a project manager keep in mind while doing this? Feel free to use examples in support of your answer.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92631879

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 walmart entered in some countries through acquisitions

1. Walmart entered in some countries through acquisitions and in some countries through greenfield investment. What entry mode do you think was best? Provide reasoning. Did location characteristics drive the mode of entr ...

Assignmentcontract analysis scenario one-damages

Assignment Contract analysis scenario one-damages determination: Alfred and Barbara own adjoining farms in Dry County, an area where all agriculture requires irrigation. Alfred bought a well-drilling rig and drilled a 40 ...

Please give a short description of these mandated benefits

Please give a short Description of these Mandated benefits. (Examples:Social Security, Workers Comp, Healthcare, Umeployment) Please give a short Description of these Nonmadated benefits. (Examples: Private pension, Heal ...

1 which of the following is a similarity between goods and

1. Which of the following is a similarity between goods and services? automation Both can usually be kept in inventory. mass production consistency Both have quality standards. 2. What is a SWOT Analysis and How to Condu ...

As employee relations manager of prudential financial one

As employee relations manager of Prudential Financial, one of your tasks is to promote Project H.E.L.P. (Higher Educa- tion Learning Program), an on-the-job learning opportunity. Project H.E.L.P. is a combined effort of ...

Diversityresearch a company that you believe embraces

Diversity Research a company that you believe embraces diversity as a competitive advantage. Describe the company, and explain why you think the company embraces diversity as a competitive advantage, defend your position ...

Choose one of the following three discussion topics your

Choose ONE of the following three discussion topics. Your paper should be 250-300 words and APA formatted. 1. Analyze the concept of "best practices" and how its implementation impacts competitive advantage. 2. Analyze t ...

The hr department at the itech company offers a job

The HR department at the iTech company offers a job position to Kim Jones. She will start the new job after three weeks. As an IT department member, you were asked to set up an orientation for her, including meeting with ...

Consider the company you work for or a company in which you

Consider the company you work for or a company in which you want intrested. Also do some research to find some current cost estimates for various means of financing and working capital. What would be your recommendation ...

1 average demand for a particular item is 1200 units per

1. Average demand for a particular item is 1,200 units per year. It costs $100 to place an order for this item, and it costs $24 to hold one unit of this item in inventory for one year. If the EOQ model is used what woul ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert