Based on your analysis of the failed project, consider how you can apply this information to a successful project turnaround.

For each of the following topics, discuss the impact on the failed project and your recommendations for the turnaround project. Where necessary, define assumptions you made.

• Analyze the cost estimating techniques used in the failed project, such as top-down or bottom-up.
• Analyze the estimated costs of all the schedule tasks and resources.
• Analyze the use of contingency reserves in the failed project.