Which are the main challenges with cost estimating?

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a. Which are the main challenges with cost estimating? Which cost estimating methods are you aware of? Which are their advantages and disadvantages and when each of them is more likely to be used
b. Which are the three main organizational structures? Which one is the most and which one the least practical for managing projects? Why?

Larson, Erik W. & Gray, Clifford F. (2014) Project Management: The Managerial Process. (5th ed.) New York, U.S.: International Edition McGraw-Hill.

-Showing an in-depth understanding of Project Management ideas and concepts.
-Demonstrating insightful/independent implications of theories/practices.
-Harvard referencing
-Use International Project Management Theory
-Be critical (share opinion)
-Show a base of International Project Management knowledge

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