Bus517 Project Management Week 4 Discussion Estimating Time and Costs

"Estimating Time and Costs" Please respond to the following:

It has been stated that managers recognize time, cost, and resource estimates as critical if planning, executing, and monitoring and controlling are to influence the success of the project. Watch the video titled “How to Estimate Your Project” (3 min 35 s), located below. You can also view the video at https://www.youtube.com/watch?v=rN0FrDpQNUk. After watching the video, refer to Week 3 Assignment 1, and determine at least two (2) factors that have an impact on the time and cost estimate aspects of a project. Support your answer.

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