Project managers must take cost estimates seriously if they want to complete projects within budget constraints. Briefly explain the three basic types of cost estimates

a. Briefly describe what happens in each of the five projects management process groups. (10 Marks) b. Identify four characteristics of organizational culture. (4 Marks) c. Project managers must take cost estimates seriously if they want to complete projects within budget constraints. Briefly explain the three basic types of cost estimates. (6 Marks)

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Project managers must take cost estimates seriously if they want to complete projects within budget constraints. Briefly explain the three basic types of cost estimates

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