Extending the length of a time period in cost estimation will result in:

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Business

Alana Richards

15 May, 17:32

Extending the length of a time period in cost estimation will result in:

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Kaylie Cooke · Answer 1

A time period is very critical in project management, you need to determine the appropriate time period in relation to the estimated cost of the project. Extending the length of a time period would mean losing money since there will be an extended project cost, delayed deadlines, and questionable contractor credibility among others.