Organizations do to ensure that estimates are good-realistic

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Reference no: EM132225423

1. What are the major issues with cost estimation of software projects given the fact that less than 9% of IT projects are completed on schedule and budget, and over half of the software projects will cost almost 200% of their original budget?

2. What can organizations do to ensure that estimates are good and realistic? What can they do to prevent cost overruns?

Reference no: EM132225423

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