Question
Explain why any proposed process change requires cost estimating. Determine whether or not cost estimating is a critical part of analyzing the feasibility of projects.
- Explain why any proposed process change requires cost estimating. Determine whether or not cost estimating is a critical part of analyzing the feasibility of projects. Support your answer.
- Assess business continuity planning (BCP) as a process that adds business value. Explain the correlation between business value and project cost estimation as they relate to BCP. List and support three business justifications for business value outweighing the possible cost estimation when considering BCP.
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1 Importance of Cost Estimating in Process Change Understanding Resource Requirements Cost estimating is crucial when proposing a process change because it helps in understanding the resource requirem...Get Instant Access to Expert-Tailored Solutions
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
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