Project Estimates Should Be Broken Down into as Much Detail

question 14

True/False

Project estimates should be broken down into as much detail, and with as much accuracy, as possible.

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Definitions:

External Factors

Elements outside of an individual's or organization's control that can influence outcomes, such as economic conditions, societal trends, or technological changes.

Consistency

The quality of achieving a level of performance or behavior that does not vary greatly in quality over time.

Consistency

denotes the attribute of being uniform, stable, and unchanging over a period of time.

Law of Effect

A principle of behavior psychology suggesting that actions which produce rewards tend to be repeated, while actions that produce discomfort are avoided.