Answer the questions in 400 words

I’m working on a Management question and need guidance to help me study.

Answer the following questions in 400 words

  1. Imagine you are developing a software package for your company’s intranet. Give examples of the various types of costs (labor, materials, equipment and facilities, subcontractors, etc.) and how they would apply to your project.
  2. Think of an example of parametric estimating in your personal experience, such as the use of a cost multiplier based on a similar, past cost. Did parametric estimating work or not? Discuss the reasons why.

Answer in proper APA format including Times New Roman with font size 12 and double spaced with proper references and in text citations.

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