Explain the factors that affect cost estimate quality


Assignment:

Review Project Management: The Managerial Process and the ERR articles located under the "Project Estimation," "Project Scope," and "Project Risk Analysis" topic headers.

Write a 350 to 700 word paper that briefly explains the following:

  • Explain the factors that can affect cost estimate quality.
  • Explain the difference between top-down and bottom-up estimates including when each would be used.
  • Explain the methods for estimating project costs.
  • Explain the types of costs.

Format your paper consistent with APA guidelines.

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Business Management: Explain the factors that affect cost estimate quality
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