As Long as Everyone in a Project Adds a Little

question 31

True/False

As long as everyone in a project adds a little padding to reduce risk, the project duration and cost estimates will be more accurate.

---

Definitions:

Supply Curve

a graph showing the relationship between the price of a good and the quantity of the good that suppliers are willing and able to supply.

Equilibrium Price

The market price at which the quantity of a good supplied equals the quantity demanded, resulting in market balance.

Buyers

Individuals or organizations that purchase goods or services for personal use or for resale.

Sellers

Individuals or entities that offer goods or services for sale in the marketplace.