Part 162: Independent Cost Estimates

Part 162: Independent Cost Estimatesadmin2022-08-21T03:59:54+00:00

Part 162: Independent Cost Estimates
(OUTPUT Project Procurement Management: Plan Procurement Management)

In a large procurement, we should estimate what the cost will be
We can perform the estimate ourselves or hire a third party
If our estimate is different from what the vendors propose, then the SOW may not have been clear