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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2672 |
Essay's paper body
The quality of time and cost estimates can be improved when these variables are considered in making the estimates and that managers recognize time, cost, and resource estimates must be accurate if project planning, scheduling, and controlling are to be effective (Gray & Larson, 2006). FTI’s project team must decide which estimating method will best provide an accurate time and cost forecast for the Galleria project...
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FTI’s project team must decide which estimating method will best provide an accurate time and cost forecast for the Galleria project.
Breaking down the budget into time-phases and further breaking down the time-phased budget into specific costs, allow FTI’s project manager to effectively control the costs associated with the project...
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