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Overview of a formal project cost estimating process with professional estimators (what is it and how does it work) Advantages from a business and project

  1. Overview of a formal project cost estimating process with professional estimators (what is it and how does it work)
  2. Advantages from a business and project management perspective - why should this oil drilling company implement a formal project estimating process with professional estimators on all of their projects?
  3. Concerns/Issues from a business and project management perspective - what problems might occur if this oil drilling company implements a formal project estimating process with professional estimators on all of their projects?
  4. Your recommendation for the oil drilling company - should they implement a formal project estimating process with professional estimators? Why or why not?

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