Performing cost benefits analysis to validate costs


When carrying out Cost Benefits Analysis (CBA) CBA, how do you validate suppositions and apply reasonable costs?

When the project manager formulates project budget, must management reserves or contingencies be considered? Write down the difference between two and when must either be applied.

How do you make sure that requirements are completely developed and vetted by project SMEs so that risk of scope increase is low?

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Project Management: Performing cost benefits analysis to validate costs
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