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This document discusses cost allocation methods for a new indoor theme park project. It addresses overhead costs, different cost estimation methods like top-down and bottom-up, and how to allocate budgets to specific cost items. Students in the discussion shared perspectives on using a bottom-up approach to estimate each work package cost, or a top-down approach using rough order of magnitude estimates since it is a new project with limited historical data. Allocating budgets proportionally across all cost

Author

Huyen Bui

Language

EN