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Project sponsors need an idea as to how much time and money a project will require. Give an example of a rough order of magnitude,

Project sponsors need an idea as to how much time and money a project will require.

Give an example of a rough order of magnitude, budgetary, and definitive cost estimates for an IT software development project.

Give an example as to how you would use the analogous, parametric, and bottom-up cost estimates.

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