Answer: The options are given below:
A. Tell the manager that you can't come up with an estimate in a few hours.
B. Ask the manager questions about the new office space to understand the impacted departments that will be located there, the level of finishes desired, etc. then use the budgets of previous similar projects as a guideline.
C. Create a work breakdown structure by using another previous project and create a bottom-up estimate for each work package.
D. Go through all office buildouts for the past five years. Calculate an average construction cost per square foot and multiply the 5,000 square feet by this cost per square feet to calculate the budget
Explanation: The correct answer is B. Ask the manager questions about the new office space to understand the impacted departments that will be located there, the level of finishes desired, etc. then use the budgets of previous similar projects as a guideline.
Aisha is an experienced project manager, and project managers work with plans, budgets, and timelines. This case would not be different, and in order for Aisha to come up with a credible estimate, she will need specifics from the manager about certain aspects of the new project.
All the information she gathers from the manager will help in forming an educated estimate.
