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According to Leading Experts in Software Development, the Margin of Error

question 96

True/False

According to leading experts in software development, the margin of error when estimating project costs is 100% and the margin of error in project scheduling time is 25%.


Definitions:

Functionality

Describes the range of operations that can be performed by a product, system, or service, especially according to its designed specifications.

Product Line

A group of related products under a single brand sold by the same company.

Product Mix

The combination of all the products a company sells.

Marketing Mix

A framework used by marketers consisting of the four Ps: Product, Price, Place, and Promotion.

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