Heading: Off the Record Estimate (one page equivalent) A. Describe the potential

Question

Heading: Off the Record Estimate (one page equivalent) A. Describe the potential problems associated with providing an off the record schedule or budget estimate. B. Respond to another student's post to 1.A. (1 point out of 6) Your answers and response should be thorough, carefully thought out, and properly edited They will be graded on content, delivery, and adherence to instructions. If you use information from a source, you must cite it in the text and provide a full APA citation. This includes direct quotes and summarized/paraphrased information. If it isn't your idea, cite it.

Explanation / Answer

Often, a project manager is assigned task and asked to provide an estimated figure. It becomes necessary to be careful when quoting a time frame or cost off the record, because whatever estimates the manager comes up with mostly become on the record.

Mostly the management is optimistic about the estimates. Underestimating can result in long hours, reduced quality, and unmet client expectations.

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