The activity will be based off: Cost Management- How do estimating costs for a p

Posted: November 27th, 2022

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The activity will be based off:
Cost Management-
How do estimating costs for a project apply to real life?
Activity: Consider a project you have been involved with and an estimating technique was used to provide the numbers for a conceptual plan. Briefly describe the type of project in 300 words or more and identify the estimating method used. Attach an excel document breaking down your project budget
Remember, a project is a series of tasks that need to be completed to reach a specific outcome. A project can also be defined as a set of inputs and outputs required to achieve a particular goal. Projects can range from simple to complex and can be managed by one person or a hundred. Your project could be moving into a new apartment or house, creating a budget for college, or creating a budget for finding a job. Options are endless.
There are two components for maximum points
Detailed description of the project and the estimating technique used in a written form. This is at least 300 words
Create a project budget using excel or another template to demonstrate the specific line items of your budget
The two documents should align and tell a story of your budget

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