When an Estimate Is Flawed, as When the Number of Effort-Hours

question 15

True/False

When an estimate is flawed, as when the number of effort-hours required is underestimated, the plan should be corrected and downstream tasks updated to reflect the change.

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Definitions:

Situational Analysis

The evaluation of an organization's current situation and external environment to identify strengths, weaknesses, opportunities, and threats.

Marketing Plan

A comprehensive document that outlines a company's overall marketing efforts, strategies, and tactics over a specified period.

Qualitative Research

Research that collects non-numerical data to understand concepts, opinions, or experiences through methods like interviews or observations.

Experimental Research

A research methodology where variables are manipulated to observe their effect on a subject in a controlled environment.