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Subject:
Management
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English (U.S.)
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Topic:

Project Scheduling: Two Approaches in Strategic Decision Making

Coursework Instructions:

What are the differences between bottom-up and top-down estimating approaches? Determine the advantages and disadvantages for using each approach. Under what conditions would you prefer one over the other? Provide a specific example to support your response. I need citation and reference with 125 words.

Coursework Sample Content Preview:

Project Scheduling
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Project Scheduling
Top-down approach is used in the initial phases of strategic decision-making to create accurate time and costs estimates. It is normally used when information needed for time and cost estimates is missing in the early stages of the project (Project Management.com, 2018). Top-down approach is incorporated until work-breakdown structure (WBS) is clearly defined to ensure well-defined project schedules and budget (Project Management.com, 2018). The advantage of top-down approach is that it can quickly be implemented ...
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