Refining Estimates May Be Necessary for a Number of Reasons

question 86

Multiple Choice

Refining Estimates may be necessary for a number of reasons.For example, a manager getting further into a project and obtaining a better understanding of what needs to be done to accomplish a project and meet the needs of the customer is an example of

• A)Hidden interaction costs.
• B)Things going wrong on a project.
• C)Normal conditions not applying.
• D)Changes in project scope.
• E)There is never a good reason to refine estimates.

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Definitions:

Industry

Refers to economic activity concerned with the processing of raw materials and manufacture of goods in factories, or a sector providing a specific service or product.

Social Comparison

The process of evaluating oneself in relation to others, often in terms of abilities, achievements, or social status.

Prosocial Behavior

Actions intended to benefit others, including kindness, sharing, and helping behaviors.

Relational Aggression

A type of aggression that harms others through deliberate manipulation or damage to their relationships or social standing.