Solved: Develop a reliable bottom-up estimate, Project Management

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Develop a reliable bottom-up estimate

Discuss in a 300 words:

"Initial Pricing Activities"

• Determine the manner in which the project manager and project team uses the WBS to develop a reliable bottom-up estimate. Support your response with one (1) real-world example of such usage.

• Give an example of two (2) common risks that a project manager may encounter when planning a project. For each risk identified, provide a possible preventive action or response.

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Project Management: Develop a reliable bottom-up estimate

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