For each of the following estimating pitfalls and problems provide a possible preventive measure or solution. a.

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For each of the following estimating pitfalls and problems provide a possible preventive measure or solution.

a. Misinterpretation of the statement of work.

b. Omissions or improperly defined scope

c. Poorly defined or overly optimistic schedule

d. Inaccurate or incomplete WBS

e. Applying improper skill levels to project activities

f. Failure to account for risks g. Failure to understand or account for cost escalation and inflation h. Failure to use the correct estimating technique i. Failure to use forward pricing rates for overhead, general administrative, and indirect costs

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