On Average,private Sector Projects Are Underestimated by Half in Terms

question 59

True/False

On average,private sector projects are underestimated by half in terms of budget and time required to deliver the complete system promised in the system plan.

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Definitions:

Poverty

The state of having insufficient financial resources or material possessions for a minimum standard of living.

Occupation

A person's principal work or business, especially as a means of earning a living; a profession or job.

Income

Monetary gain derived from work, investments, or social benefits, serving as a measure of economic well-being and resource availability for individuals or households.

Wealth

is an abundance of valuable financial assets or physical possessions, which can include income, land, and other types of property.