A Clear Statement of All Assumptions Underlying the Model's Projections

question 57

True/False

A clear statement of all assumptions underlying the model's projections forces the analyst to display their biases and to be prepared to defend their assumptions to others.

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Definitions:

Contingency Planning

The development of strategies and actions to prepare for and respond to unexpected events or emergencies in order to minimize risk and impact.

Controlling

The process of evaluating and correcting activities to keep the organization on course.