1. WSJ Oct 2010 Where infrastructure estimates come up short http://online.wsj.com/article/SB10001424052748704300604575554121638637724.html?

1. WSJ Oct 2010 Where infrastructure estimates come up short

http://online.wsj.com/article/SB10001424052748704300604575554121638637724.html?

2. The Three Perceptions of Cost (Google it)

Read those two article, and answer follow question. 

• 1. List the reasons for infrastructure project cost overruns described by the WSJ article.
• 2. Create a table that lists the 3 perceptions of cost including and       Which position in a company generally holds each perception   The timing involved in each of the perceptions. When is the cost recognized?
• 3. Which of the 3 perceptions of cost most concern the project manager? Why?