Project Management Methology
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As a project manager to build a new data center for XXX Inc., how do you estimate this project's costs? This is the first time that your company is bidding on this project and there is no historical data available to use. Suggest three methodologies that you will use to estimate the costs? What are the advantages and disadvantages of each methodology?
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Solution Summary
This posting helps with a question involving project management methodology. It helps estimate a projects costs and suggests three methodologies a company can use to estimate costs. Advantages and disadvantages of each methodology are discussed. Three methods are discussed: the top-down method, bottom-up method, and parametric method. The tutorial is given in 148 words.
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Problem: As a project manager to build a new data center for XXX Inc., how do you estimate this project's costs? This is the first time that your company is bidding on this project and there is no historical data available to use. Suggest three methodologies that you will use to estimate the costs? What are the ...
Purchase this Solution
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