Question on Estimating Costs vs Determining Budget
Hi all,
So one of the practice exams I found has the following question
Jane is leading a small construction project for the first time. The responsible sales manager already had some price discussions with teh customer. Therefore she is unsecure if sh should first estimate costs and then determine budget or determine the budget first and then estimate costs. What should she start with?
A. Determine budget then estimate costs, because the sales manager already had price negotiations with the customer
