Independent cost estimates should always be used,even if other easier and less expensive methods are available.

Question

Quizplus · Accepted Answer

Independent cost estimates are valuable for validating costs and ensuring value for money, but they are not always necessary if other reliable, easier, and less expensive methods can provide accurate and sufficient cost information. The choice of method should be based on the specific context, including the complexity and risk associated with the project or purchase.

Independent Cost Estimates Should Always Be Used,even If Other Easier