Project Costs

The project cost includes direct and indirect costs. An effective cost estimate is one that considers both costs to ensure the project's success.

select case studies of two construction projects, one that was successful because of correct cost estimation and one that failed because of incorrect cost estimation.

On the basis of the case studies, perform the following tasks:

Task 1:

Identify the direct and indirect costs in both projects. Analyze how the successful project factored in indirect costs well.

Task 2:

Suggest ways in which the failed project should have estimated indirect costs?

Submission Requirements:

Submit a Microsoft Word document of the following specifications:

Font: Arial, size 12, double-spacing

Citation style: APA

Length: 2-3 pages