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As the project manager, you have been tasked to assemble a presentation that will apply knowledge acquired in prior assignments to explain how trade-offs can be made between various project requirements to promote cost control of the project's total cost. This presentation is for your team assigned to this project, as they have been asking questions related to trade-offs to control costs. You will be deducing how estimating, pricing, cost controls and time value of money can be measured and weighed to perform a trade-off analysis.
Develop a presentation that will analyze the concept of trade-off in the project environment. You will have to design from research or experience the example and then build the presentation around the example. Your analysis might include topics such as methodology for trade-off analysis, contracts, and industry preferences.
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