Project Management: Budgeting Techniques and Estimating Project Costs

Question
This week we will be learning about budgeting techniques as well as how to correctly estimate project costs. Using the internet, research some budgeting, forecasting, and cost estimating techniques. Discuss the benefits and drawbacks of at least two of these techniques. Which technique would you prefer to use as a project manager? Please explain your reasoning.

APA Format, 12 Point Font, Time New Roman