Question
1. How is the WBS used in cost estimating? Briefly explain the importance of the WBS in this process. 2. List the seven kinds of
1. How is the WBS used in cost estimating? Briefly explain the importance of the WBS in this process. 2. List the seven kinds of project control problems. 3. Project termination occurs in a variety of ways. Discuss this point and provide reasons for termination. 4. Explain the following saying: "There is so much talk about the system and so little understanding" by Robert M. Pirsig (1974:94). Also distinguish between a project as a system and a project for creating systems by using the eight most common system terms (principles and concepts). 5. List the characteristics of projects and the characteristics of project management. 6. Describe the four types of project managers (for unity of control, etc.) and explain Cleland and King's five criteria to help decide when to use project management (techniques and organisation).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
1 How is the WBS used in cost estimating The Work Breakdown Structure WBS is used in cost estimating to identify and quantify the scope of work which helps in estimating the costs accurately The WBS i...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started