Possible steps for a project manager
Demonstrate the best possible steps for a project manager to take in order to price out a job in which the specifications are not prepared until the job is half over. Provide a rationale for your response.
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Explain the best possible steps for a project manager to take in order to price out a job in which the specifications are not prepared till the job is half over. Give a rationale for your response.
Suppose opportunity interest rate is 8%, find the present value of second alternative mentioned above? Which of the two alternatives must be chosen and why?
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Find out the manner in which the project manager and project team employs the WBS to develop a reliable bottom-up estimate. Support your response with one (1) real-world illustration of such usage.
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