The project objective answers the questions of what, when, and how much. An example of a
project objective would be To construct a high-qualit
1. What are the differences between bottom-up and top-down estimating approaches? Under
what conditions would you prefer one over the other?
Estimating is the process of forecasting or approximating the time and cost of completing project
A project is a temporary endeavor under taken to create a unique product, service, or result. The
major goal of p
Systems thinker Focuses on trying to understand how relevant project factors collectively
interact to produce projec
When the scope and deliverables are identified for a project, the work of the project can
be subdivided into smaller work elements, which is called the work breakdown structure (WBS).
The purpose of the work breakdown structure is to he
Matrix management is a hybrid organizational form in which a horizontal project management
structure is overlaid on the normal functional hierarchy. Matrix management has two chains of
command, one along f