Estimate the cost or timeline for a new project
Discuss the below in detail:
Q: Do any of your organizations use the historical cost or schedule data from like past projects to estimate the cost or timeline for a new project? If so, do you believe it helps reduce variances?
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Outside directors cannot match the managers' knowledge of the firm, and in reviewing management proposals the board must rely on the information management
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Organizations that are committed to high ethical standards are often faced with difficult and complicated ethical questions
Do any of your organizations use the historical cost or schedule data from like past projects to estimate the cost or timeline for a new project?
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The scenario is in an acute care hospital setting: - What is an operating budget? - What is a capital budget?
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