You have been asked to manage a project that has been approved…

  

You have been asked to manage a project that has been approved… You have been asked to manage a project that has been approved based on top-down estimates from senior management. You felt uncomfortable with the estimated costs and time for the project, so the first thing you did was to meet with the stakeholders, create the WBS and obtain more detailed cost and time estimates from staff who would either be doing the work and/or were the most knowledgeable and experienced with this type of project.As a result, you have found that there is a significant difference between the top-down estimates from senior management and your more detailed bottom-up estimates. What should do in this point if you were the project manager? Explain your reasons. 2.  Assuming that your bottom-up estimates are realistic, what are some of the options/outcomes you might consider for this project? Discuss at least two options.  Business Management Project Management MATH2115 20008

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