Walden MSPM 6130 Week 7 Project Supply Chain Management Plan

Walden MSPM 6130 Week 7 Project Supply Chain Management Plan

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MSPM 6130 Week 7 Project (Walden University)

Supply Chain Management Plan

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Cost Estimation Techniques

Also, the bottom up estimation approach can be used to make estimations. Also known as the definitive technique, it is costly, time-consuming but more accurate than other methods. In this approach, the cost of every movement is given by the most noteworthy level of detail at the base level at that point means shape the project cost. Each event is broken down to determine each requirement as I have done and the cost of each resource and its quantity add up to form the total activity costs whose sum gives the total project cost.

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