Compare and contrast top-down and bottom-up project estimating techniques.

label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Compare and contrast top-down and bottom-up project estimating techniques.

Aug 23rd, 2015

Thank you for the opportunity to help you with your question!

Both bottom up and top down are defined as the cost estimation technique over project management. In contrast, The major difference between the two is that bottom up estimating is so precise whereby it takes a long time to do whilst the top down estimating method is so fast but not so accurate at all. It is true that Bottom up estimating is a methodical estimation of the scheme by just estimating each work wrap up over the WBS. Bottom up estimating may be used once management, as well as the client is dedicated about the scheme and also they need a precise estimate.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Aug 23rd, 2015

am so happy to work with you again so if you have another questions,,i will be there to work on it.thanks alot

Aug 23rd, 2015

are you ok witfh the questions? kindly let me know..thanks 

Aug 23rd, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Aug 23rd, 2015
...
Aug 23rd, 2015
Oct 19th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer