Consequence of a high estimate versus a low estimate


Assess sources of data for the IGCE and inspect the areas which have potential for overestimating costs. Find out the three potential outcomes from an inaccurate IGCE. Compare and contrast the consequence of a high estimate versus a low estimate. Then, choose one of the outcomes which you recognized and find out how you would mitigate the issue. Find out the three primary purposes of cost estimates. Predict two issues which could occur if a cost estimate is not conducted correctly or at all.

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Other Subject: Consequence of a high estimate versus a low estimate
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