Estimating Practices

A brief description of the current estimating practices primarily employed at your organization on projects
List at least two strengths and weaknesses of the approach used
If you prefer the current method, then discuss how the process might be improved
If you don’t prefer the current estimating method, then provide a justification of why the method should be changed.
Again, if you don’t know what method is used, then use this section to argue and justify the approach you think would be best.
How can this be applied to the work we are doing on the capstone project? Or, what other suggestions could you offer?

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