Project Costing and Business Continuity” Please respond to the following:
- Explain why any proposed process change requires cost estimating. In your opinion, determine whether or not cost estimating is a critical part of analyzing the feasibility of projects. Support your answer.
- Assess business continuity planning (BCP) as a process that adds business value. Explain the correlation between business value and project cost estimation as they relate to BCP. List and support three business justifications for business value outweighing the possible cost estimation when considering BCP.