Estimate cash flows for the organization


Problem:

You are hosting a project kickoff meeting for a high-visibility project that has a fixed deadline. Discussions include high-level scope, budget, schedule, and stakeholder involvement. A senior manager insists on a detailed budget so that they can estimate cash flows for the organization. How should you respond?This type of question contains radio buttons and checkboxes for selection of options. Use Tab for navigation and Enter or space to select the option. option A You should comply with senior management's request and try your best to estimate the budget in as much detail as possible. option B Advise senior management that the best you can do is a relative estimate. option C Advise senior management that the best you can do at this stage is a rough order of magnitude (ROM) range of -50% to +50%. option D Advise senior management that the best you can do at this stage is a rough order of magnitude (ROM) range of -25% to +75%.

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Other Management: Estimate cash flows for the organization
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