How has the global economy affected the importance of cost estimation and cost control for many project organizations?

Write a 200- to 300-word response to the following DB question:How has the global economy affected the importance of cost estimation and cost control for many project organizations? Please be specific and offer examples. Feel free to use your own organization if possiblePinto, J. K. (2010). Project management: Achieving competitive advantage (2nd ed.). Upper Saddle River, NJ: Prentice Hall.

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