Project Management budgeting and estimating project costs

Before operating the project, estimating the project is very necessary. Because if the project will let you lose capacity, then the project should not continue; but if the project can earn profit for firm, then the project should go on.

Do you know what it is Project Management budgeting and estimating project costs? How to budget and estimate a project? Until now you could only wonder. But thanks to this great quiz, in just a few minutes you will find out!

Created by: ZOLO
  1. What is project management?
  2. If you were a project manager, what would you do?
  3. Why need to create a budget and estimate every single cost?
  4. How can we call the major costs in one project?
  5. How to estimate the labor and the non-labor costs?
  6. What are the external costs?
  7. What is a non-labor cost?
  8. Are there some rules that have to be followed?
  9. Which is the right methods of estimating costs?
  10. When the cost estimation and the budget are done, what do the manager do?
  11. How the project cost is typically measured?

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