What should be included in the final estimate presentation?

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In a final estimate presentation, including a summary of costs and risk assessments is essential because it gives stakeholders a comprehensive view of the financial implications of the project, as well as the potential uncertainties associated with it. A summary provides clarity on various components of the cost estimate, allowing decision-makers to understand how funds will be allocated across different categories, such as materials, labor, and overhead.

Additionally, including risk assessments highlights potential challenges that may arise during the project's execution, such as fluctuations in material costs, scheduling issues, or regulatory compliance. This enables the stakeholders to make informed decisions and develop strategies to mitigate those risks. Overall, a summary of costs and risk assessments ensures that the estimate is not just a figure but rather a detailed overview that facilitates transparent communication among all parties involved, fostering trust and confidence in the estimator's expertise and foresight.

The other choices, while they may contain relevant information in certain contexts, do not capture the holistic and strategic insights required in a final estimate presentation. For instance, only providing the total project cost lacks the necessary detail for stakeholders to assess the estimate's reliability and strategic implications. Past project references and vendor pricing information could support a proposal but do not encompass the core elements of a final estimate required for comprehensive project assessment.

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