Question Description

following the requests, 2-3 pages, No copy, APA Style.

Assignment…

  1. Describe the most common cost elements to be included in a project cost estimate. (10 points)
  2. Compare and contrast the advantages and disadvantages of analogous, parametric and bottom-up estimating. (10 points)
  3. Discuss the reasons you would want to use a time-phased budget for a project. Note: The book may not have enough information on this so please consider researching this for more details. (10 points)
  4. Identify five common project risk strategies employed to address threats that your project may face. Give an example of each. (10 points)
  5. The quality revolution introduced many tools that can be used to improve the quality of project related processes and outcomes. Identify three quality tools and briefly describe how you would use them to improve project related processes and outcomes. (10 points)