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The most important reason for dressing conservatively at the workplace is to:
Parametric Estimates
Estimation technique using statistical relationships between historical data and variables to calculate cost, duration, and resource requirements.
Parameters
A set of boundaries or limits that define the scope and operating conditions of a system, project, or experiment.
Earned Value Management
A project management technique that integrates scope, time, and cost data to assess project performance and progress.
Time-Consuming Estimating Method
A method of estimating that requires a significant amount of time to analyze and calculate, often due to its complexity or detail.
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