_____ May Result in Long Hours and Frustration for the Project

question 44

Multiple Choice

_____ may result in long hours and frustration for the project team, which may lead to burnout.

• A) Guesstimating
• B) Delphi Technique
• C) Time Boxing
• D) Top-Down Estimating
• E) Bottom-Up Estimating

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Definitions:

Microeconomics

The branch of economics that studies the behavior of individuals and small impacting organizations in making decisions on the allocation of limited resources.

Households

An economic unit of one or more persons living together who make joint decisions on consumption and savings.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by the rise in the Gross Domestic Product (GDP).

Production Possibilities Frontier

A graph that illustrates all the highest production options for two or more products, based on a specific set of resources, such as labor and materials.