Describe the Effect on Cost Estimation of Four of the Following

question 63

Essay

Describe the effect on cost estimation of four of the following five problems: 1) missing data, 2) outliers, 3) allocated and discretionary costs, 4) inflation, or 5) mismatched time periods.

---

Definitions:

Special Jurisdiction

Areas or matters over which a particular court or governmental agency has the authority to make decisions or enforce laws.

Subject Matter

The main topic or content covered in a document, conversation, or area of study.

Arraignment

A formal court proceeding during which the defendant, after hearing the indictment or information read, pleads either guilty or not guilty.

Indictment

A set of formal charges against a defendant issued by a grand jury.