Please read the Case-5.2 “Post Graduation Adventure.”from Chapter 5 “Estimating

Please read the Case-5.2 “Post Graduation Adventure.”from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 93 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions.
Case study questions
Assume you are either Mike or Josh; how would you go about making a decision using project management methodology? Explain in 150 words (3 Marks).
Looking first at only cost, what decision would you make? Explain in 150 words (3 Marks).
After cost, what other factors should be considered before making a decision? Explain in 200 words (4 Marks)
Answers: