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Pick a cost/budget concept from the PMBOK Guide (sixth edition) section 7.2.2. Explain the estimating tool or technique you decided to use so the reader

  1. Pick a cost/budget concept from the PMBOK Guide (sixth edition) section 7.2.2.
  2. Explain the estimating tool or technique you decided to use so the reader understands the approach.
  3. Conduct research using our textbook, two scholarly articles, and two popular sources. In other words, you need at least five sources).
  4. Explain what your research indicates regarding the estimating technique you selected to choose.
    • Are there potential issues that could happen as it relates to the type of project you selected?
    • Is the technique you selected used by other similar organizations or industry participants?
    • You determine which criteria is most important to understand about your selected technique.

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