Question

Before a customer is willing to accept a change to the proposed project, the contractor must provide a/an ___ along with an indication of the schedule impact, prior to implementing the change to the
a. format change
b. impact statement
c. price estimatee
d project.

Answer 1

Answer:

c. price estimate

Explanation:

Before a customer is willing to accept a change to the proposed project, the contractor must provide a/an price estimate along with an indication of the schedule impact, prior to implementing the change.

The estimation of costs is an assessment of a plan, project, or service expense. The estimated cost is the result of the method of calculating costs. The cost estimate has a single total value, and the component costs may be recognizable.