Estimate Costs Process

[@pmclounge]

Check out more Cost Management videos here goo.gl/4ZRw4N

[@grewalrupinder3528]

Do we take positive risk into consideration while estimating the cost, as if positive risk works out, it will reduce the cost of the project?

[@pmclounge]

Hi Grewal, yes we should. Even more so if there is a high probability of the risk materializing. Hope that helps, don't forget to subscribe for more on project management 😊👍

[@fortunapadre6077]

Excellent

[@pmclounge]

Thank you! Cheers!