Read the Case-5.1 “Sharp Printing, AG.”from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 163 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions.
Case study questions:
At this point, what would you do if you were the project manager?
Was top management acting correctly in developing an estimate?
What estimating techniques should be used for a mission-critical project such as this?