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You are a project manager of ABC organization. You are estimating the project in initiation phase. What level of accuracy you can expect?

 

A. - percent to + percent

B. - percent to + percent

C. - percent to + percent

D. - percent to percent

Cost Management Costing Project Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/01/21
Upvote (0) Views (8) Followers (3) Answers (3) Report Question
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DR MD ANWAR HOSSAIN
by DR MD ANWAR HOSSAIN , Moderator , bayt.com

Thank you for your invitation. My answer is option-C. percent to + percent

Krishna KHASANIS PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

It is - 25 percent to + 75 percent which is known as ROM estimate done in project initiating stage.

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