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What Is the Is/ought Fallacy? Why Is It a Fallacy

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What is the is/ought fallacy? Why is it a fallacy?

Comprehend that cost estimating can be adjusted based on project complexity.
Acknowledge the need to review the estimating method when estimates are rarely exceeded.
Understand that an activity can have costs from multiple vendors.
Grasp the differences in estimating methods across project phases.

Definitions:

Close-Ended Question

A type of question designed to receive a specific, usually "yes" or "no," answer, limiting the extent of response.

FAB Sequence

Features, Advantages, and Benefits sequence used in sales and marketing to communicate the value of a product or service to customers.

Business Proposition

An offer or suggestion, typically involving a product or service, presented to a potential client or partner.

Marketing Plan

A comprehensive document outlining the marketing strategies, tactics, and actions aimed at achieving the marketing objectives of a business.

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