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Topic: Business
Number of pages / Number of words: 6 / 1405
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The supporting details include the ground rules and assumptions used in creating the estimate, a description of the software development project used as a basis for the estimate, and details on the cost estimation tools and techniques used to create the estimate. These supporting details should make it easier to prepare an updated estimate or similar estimate as necessary...


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These supporting details should make it easier to prepare an updated estimate or similar estimate as necessary.

A cost management plan is a document that describes how the organization will manage cost variances on the project. For example, if a definitive cost estimate provides the basis for evaluating supplier cost proposals for all or part of a software development project, the cost management plan describes how to respond to proposals that are higher or lower than the estimates...


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