Estimates critical to effective project management
Write a 200- to 300-word short-answer response to the following:
Why are accurate estimates critical to effective project management? What steps can project managers take to improve the accuracy of estimating projects?
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Why is the traditional project management approach less effective when project scope is not clearly understood? Provide examples to illustrate your points.
What are some of the characteristics that differentiate projects from other functions carried out in the daily operations of an organization?
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What argument can you provide as to why a project's scope must be tied to the WBS? What are the implications are if scope is not adhered to closely?
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