The Chief Financial Officer (CFO) at St. Dismas hired a consultant to assist with developing the ALF project budget. The estimated cost for building the new facility is $6,743,000. Before approving the budget, Fred Splient the president of St. Dismas, wants more detail.

• Using the WBS you created estimate the costs for each of the four phases in the construction project plan.
• Explain what estimating techniques and assumptions you used to develop the project budget.

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