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Question
Cost Estimating process:
Cost Estimating process on projects for a well-established, fictitious, small-sized software development company who has recently established a Project Management Office.
1. Overview of Project Cost Estimating process (what is it)
2. Advantages from a business and project management perspective - why should this software development company implement Project Cost Estimating process on all of their projects?
3. Concerns/Issues from a business and project management perspective - what problems might occur if this software development company implements Project Cost Estimating process on all of their projects?
4. Your recommendation for the software development company - should they implement Project Cost Estimating process? Why or why not?
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