Independent Government Cost Estimate (IGCE)

Evaluate sources of data for the IGCE and examine the areas that have potential for overestimating costs. Determine three potential outcomes from an inaccurate IGCE. Compare and contrast the effect of a high estimate versus a low estimate. Then, select one of the outcomes that you identified and determine how you would mitigate the issue. Determine the three primary purposes of cost estimates. Predict two issues that could arise if a cost estimate is not conducted properly or at all._x000D_
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