There are various ways of forecasting the schedule and cost of a project. You know that forecasting techniques you use and their accuracy will affect the CIO's perspective on your work. Using the Discussion Board, work with your project management e-group to address the following issues:

Pros and cons of inflating a project based on PERT estimating or incorporating risk. (1-2 paragraphs)
How does this compare with estimating or forecasting techniques you have used in the past? (1-2 paragraphs)