Provide approximate cost estimate for the project

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Reference no: EM133643091

Question

In the project initiation phase, the sponsor asked the project manager to provide an approximate cost estimate for the project by the end of the day. What should the project manager do in this situation? Provide an estimate based on similar past projects Create the cost management plan Create the WBS and sum up the cost estimate of each work package Create the product backlog items, estimate how many iterations are required to complete the items, then sum up the cost estimate of each iteration.

Reference no: EM133643091

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