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You are the project manager for a project. While reviewing the cost estimates for the project you notice that one of the cost estimates for an?

element in the WBS is% higher than previous project for very similar work. What should you do next?

A. Accept the estimate

B. Reduce the estimate

C. Ask the person responsible about the difference

D. Ignore it

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Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2017/03/31
Mohamed Kamal
par Mohamed Kamal , Cost Control Manager , China State Construction Engineering Corporation Ltd. (Egypt)

(C)

to ask the responsible person of the estimate if he has logical reason for the raise

Satish Kadam
par Satish Kadam , Sr.Manager IT , Pandhe Infracons Pvt.Ltd

If i am the project manager then i will follow below steps :

1. Ask the person responsible about the difference

2.Get Estimate ,  Reduce the estimate

3. Accept the estimate

 

Sattar Abdulkarim  Mohamed
par Sattar Abdulkarim Mohamed , Country Sales Director , Ideal Technical Solutions

It is more convenient answer Option C -  Ask the Person Responsible about the Difference.

DR MD ANWAR HOSSAIN
par DR MD ANWAR HOSSAIN , Moderator , bayt.com

Thank you for invitation. I think C. Developing project schedule with contingency reserves as a recognition of the schedule risk.

C. Ask the person responsible about the difference

Krishna   KHASANIS  PMP
par Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

Option - C is most appropriate action to be taken under the circumstances.

Mahmoud Abdel Aziz CMA
par Mahmoud Abdel Aziz CMA , Finance Manager , Pan Gulf Telecommunication Co. - Pan Gulf Holding Co.

you should analysis and as the responsible emp. 

Raihanozzaman  Bhuiyan
par Raihanozzaman Bhuiyan , Manager ce engineer , Cordial Holdings Ltd

Finishing item, structer item

Nahila Salameh
par Nahila Salameh , Chief Accountant , BTC Networks SAL (Telecommunication engineering company)

Indeed C.: Ask the person responsible about the difference and try to analyse why it happened

 

ASHOK MOHANTY
par ASHOK MOHANTY , Asst General Manager , M/s Shriram EPC Ltd & posted

Engineering, procurement , contraction

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