What is the problem with making cost estimates too, Project Management

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What is the problem with making cost estimates too

Question: 1. What is the problem with making cost estimates too conservative or too aggressive?

2. Describe the project budgeting process.

3. Define the following: TBC, CBC, CAC, CEV, CPI, CV, FCAC, and TCPI. How is each calculated?

4. Why is it necessary to track actual and committed costs once a project starts?

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Project Management: What is the problem with making cost estimates too

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Project Management: What is the problem with making cost estimates too

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