This is the Discussion Question :Your organisation is
bidding for a construction project which consists of building a commercial
complex in the heart of the city. Your organisation has worked on a similar
project that was one-third the size of this one but completed it with a cost
overrun of 20%. As a project manager you have already prepared the scope
statement and the WBS and are now preparing cost estimates for the construction
project. Which cost estimation technique would you use for the construction
project? Discuss the advantages and disadvantages of your chosen technique in
the context of the construction project.