Monday, August 10, 2009

Project Management - Cost Estimation

Project Management - Cost Estimation: "Teach two words to a parrot, Demand and Supply, and get a brand new half-economist. Another two words ‘Planning and Control’ would raise the parrot to the level of a half-administrator.
Planning and control are two ingredients of success. Running a business without planning and control is like groping in the dark. An important tool in planning is a budget. It is a quantitative expression of a plan in monetary terms. It is an itemized summery of probable expenses and income for a given period."

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