What estimating techniques should be used for a mission-critical project such as this?

Business by Geoffrey

Assignment Case study Question:                                                               (Marks 15)

 

Please read the Case-5.1 “Sharp Printing, AG.”  from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 163 also refer to specific concepts you have learned from the chapter to support your answers.  Answer the following questions.

Case study questions:

  1. At this point, what would you do if you were the project manager? (5 Marks)
  2. Was top management acting correctly in developing an estimate? (5 Marks)
  3. What estimating techniques should be used for a mission-critical project such as this? (5 Marks)