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Please need help in writing Chapter Summary and provide graduate level responses for following questions. Text book should be main reference and the content should be from text book.Imagine you are developing a software package for your company’s intranet. Give examples of the various types of costs (labor, materials, equipment and facilities, subcontractors, etc.) and how they would apply to your project.
Think of an example of parametric estimating in your personal experience, such as the use of a cost multiplier based on a similar, past cost. Did parametric estimating work or not? Discuss the reasons why.
A total of 750+ words are needed, the graduate level responses can be 100+ words each

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