Estimate and compute contingency and managerial reserves

Assignment Help Management Theories

Reference no: EM133641295

Question: Project managers are responsible for estimating project costs. Apart from creating a budget for the project, it is crucial to accurately estimate and compute contingency and managerial reserves. Cost estimates also help in making the choice between multiple projects by providing a basis for comparing estimated costs to project benefits.?

Reference no: EM133641295

Questions Cloud

What happened to cause the spread of the pathogen : What happened to cause the spread of the pathogen? How could it have been prevented? Include references to your news article.

Present the results of your analysis to alejandro : present the results of your analysis to Alejandro and the rest of the MCF executive team. It should be no more than four pages long

What are factors contributing to opioid crisis in canada : Based on the articles posted above, what are the most important factors contributing to the opioid crisis in Canada?

How we enforce esc rights and ensure that they are fulfilled : We began this course by critiquing argument that civil and political rights (CPR) must come. How do we enforce ESC rights and ensure that they are fulfilled?

Estimate and compute contingency and managerial reserves : Cost estimates also help in making the choice between multiple projects by providing a basis for comparing estimated costs to project benefits.

Describe what federal agencies might participate : Describe what federal agencies might participate in a localized state disaster response, and their respective roles.

List flaws that may lead managers astray : List flaws that may lead managers astray in their decision-making processes. Clinging to the familiar, defending poor choices, ignoring good ideas

What steps can society take to eradicate the possibility : How does morality determine the parameters of what is considered human trafficking? What steps can society take to eradicate the possibility of this practice?

Provide an overview of the key agenda items for the cop : Provide an overview, of the key agenda items for 2023 Conference of the Parties (COP) starting in late November 2023 and add 2 agenda items to this year's COP.

User Account

All Pages