Project estimating process with professional estimators

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Reference no: EM131147971

The paper should at a minimum include the following (with clearly marked bold headers for each section below):

Overview of a formal project estimating process with professional estimators (what is it and how does it work)

Advantages from a business and project management perspective – why should this oil drilling company implement a formal project estimating process with professional estimators on all of their projects?

Concerns/Issues from a business and project management perspective – what problems might occur if this oil drilling company implements a formal project estimating process with professional estimators on all of their projects?

Your recommendation for the oil drilling company – should they implement a formal project estimating process with professional estimators? Why or why not?

Reference no: EM131147971

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