How much my project will really cost?' is the biggest question in every PM's mind at the time of project Feasibility stage, even when contracts are established. Every project is riddled with risks that cost time & more importantly money. Traditionally at every stage the Cost estimators add 'Contingency' to a project's Estimate using standard % of the base Cost (depending on the stage of the project) using age old knowledge and practice.
This Webinar will talk about, how we can make a much better prediction, more mathematically analysed, by using the Risks or uncertainties at that stage of the project.