Top-Down Estimating: Advantages & Disadvantages

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What is top-down estimating?

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1. What are the advantages of top-down estimating?

2. Alex is a new manager at ABC Company and wants to propose a new project. He is preparing a presentation for his fellow colleagues, who will decide together if it is worth doing. He is working on estimating the project cost but doesn't know where to start. What should Alex do?

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