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Estimating Costs
Estimating Costs

Learning Objectives Describe methods of estimating costs. Identify the effects of project phase and complexity on the choice of estimating method. Describe the method of combining cost estimates with a schedule to create a budget. ESTIMATI…

Selecting the Type of Contract
Selecting the Type of Contract

LEARNING OBJECTIVES Identify factors that determine which type of contract to select. Describe the types of fixed cost contracts. Describe the types of cost reimbursable contracts. Understand progress payments and how to reduce problems in …