What is a resource constrained project


Answer the following within a word limit of 300 words:

1. What are the major factors that go into estimating time and costs? Where does this information come from and what level of detail is required?

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2. What is a Resource Constrained project? Explain by example.
 
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3. What is Resource and Cost Scheduling? Explain by example.
 
4. Explain how Cost management and Budget Control are so important in a projects design stage, based on the article

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