(Answered) : Summary One Essential Skills Great Project Managers Possess Ability Estimate Cost Client F Q30611251

Summary:
One of the essential skills great IT Project Managers possess isthe ability to estimate the cost of a client facing project so thatrevenue margins are forecasted and then tracked through the life ofthe project.

In this exercise, you will present a project cost estimate andtracking for the project.

Scenario:
You are a project manager who has been assigned leadership of amanaged upgrade for a cloud hosted solution that provides clients afinancial model to allocate and manage shared services costs. Thissolution requires bi-annual updates to the underlying model basedon client configurations to tune it’s cost model.

Your Assignment:
Create a cost estimate and step by step