QUESTION
(a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. Discuss the three main types of Estimating Methodology
(b) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalisation, risk management is continuously gaining wider acceptance and importance and as become a must for project success. Discuss the main components that are likely to be included in the risk management system