Cost Estimation Term Paper

Pages: 1 (339 words)  ·  Bibliography Sources: 1  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business - Management

Buy full Download Microsoft Word File paper
for $19.77
¶ … estimation for a project?

To conduct an effective cost estimation of a project, first a project manager must estimate the size of the development product itself, based upon the customer's specification. Then, the project manager must estimate the effort in person per month or person per hours of effort required to complete the project. Next, given different staff member's availability and the constraints affecting the scheduling of critical staff members over the course of the project timetable, the manager must construct an estimated time schedule in calendar months or weeks. Then, finally a holistic estimate of the overall project cost can be determined. (Peters, 2006, p1.)

Estimating the size and the scope of the project requires a formal description of the system's specification. If the manager has worked on a similar project in the past, this can be helpful in estimating the costs of the new project. The project itself, of course, is only one component of the estimation. The human cost of labor or effort is… [END OF PREVIEW] . . . READ MORE

Two Ordering Options:

Which Option Should I Choose?
1.  Buy full paper (1 pages)Download Microsoft Word File

Download the perfectly formatted MS Word file!

- or -

2.  Write a NEW paper for me!✍🏻

We'll follow your exact instructions!
Chat with the writer 24/7.

Cost Estimation Methods for VA Research Paper

Cost Benefit Analysis Term Paper

Costing the Analysis Research Proposal

Cost of Developing Blended Courses Literature Review

Project Management Successes at the Golden Gate Bridge Term Paper

View 555 other related papers  >>

Cite This Term Paper:

APA Format

Cost Estimation.  (2006, May 18).  Retrieved January 27, 2020, from

MLA Format

"Cost Estimation."  18 May 2006.  Web.  27 January 2020. <>.

Chicago Format

"Cost Estimation."  May 18, 2006.  Accessed January 27, 2020.