The Three Types of Estimates in Three-Point Estimating Are "Most

question 77

True/False

The three types of estimates in three-point estimating are "most likely", "optimistic", and "pessimistic".

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Definitions:

Productivity

The measure of how efficiently resources are used to produce goods and services.

Social Needs

Human requirements for belonging, affection, acceptance, and friendship – part of Maslow's hierarchy of needs.

Mayo's Research

Refers to the studies conducted by Elton Mayo, particularly the Hawthorne Experiments, which emphasized the importance of social relations in the workplace.

Productivity

The measurement of efficiency in which resources are converted into goods and services, often evaluated by output relative to input.