Explain the factors that can affect cost estimate quality, Project Estimating Technique Paper

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Review Ch. 5 of Project Management: The Managerial Process
and the Week 1 ERR articles located under the “Project
Estimation,” “Project Scope,” and “Project Risk
Analysis” topic headers.

Write a 350- to 700-word paper that briefly explains the
following:

  • Explain the factors that can affect cost estimate
    quality.

  • Explain the difference between top-down and bottom-up
    estimates including when each would be used.

  • Explain the methods for estimating project costs.

  • Explain the types of costs.

    Format your paper consistent with APA guidelines.

Reference Materials;

Larson, E. W. & Gray, C. F. (2014). Project management: The managerial process (6th
ed.). New York, NY: McGraw-Hill.

Week 1 ERR

Project Estimation

Readings: