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Lecture Project management: A managerial approach – Chapter 7: Budgeting: estimating costs and risks
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In chapter 7, we will see that the distinction between these types of life cycles plays a critical role in developing budgets and schedules for projects. It is not necessary for the PM to estimate the precise shape of the life-cycle curve, but the PM must know which type of project life cycle applies to the project at hand. | Lecture Project management A managerial approach Chapter 7 Budgeting estimating costs and risks