Company culture and cost estimates

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The company culture can have a positive or negative impact on project cost estimates. This can impact how the company evaluates project risk.

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1. Provide an example of how company culture can impact the project cost estimate and how cost estimation is impacted by project risk.

When developing cost estimates generally project managers have prior projects that they have valued for development estimates.

2. Research 3 companies and determine how the business could develop cost estimates for a specific product or service that they offer and discuss whether this would impact their project outcomes.

Please be sure to validate your opinions and ideas with citations and references in APA format.

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