INTRODUCTION
There are many ways to forecast the timetable and expenses of a project. I am aware that
the forecasting methods I utilize and their precision will influence the CIO's viewpoint of my
work. The company’s CIO would like for me to focus on the subsequent matters in a report for
the many group participants involved with the email system upgrade project:
What are the benefits of inflating a project based on PERT estimations or incorporating
risk?
What are the pitfalls of inflating a project based on PERT estimations or incorporating
risk?
How does this technique compare with estimating or forecasting techniques you have
used in the past?
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