PMP Exam Simulator

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info iconPMP exam lasts 4h and has 200 questions
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lock iconCost Management

Peter is an experienced project manager of the organization. He has been requested by one of the customers to provide a written cost estimate that is 30% higher than Peter's estimate of the project's cost. The customer clarifies that the budgeting process requires managers to estimate pessimistically to make sure enough funds are allocated for projects. What should Peter do in this situation?