Examlex
Briefly describe the concepts of value, margin, and value chain as defined by Porter.
Investments
The allocation of resources, such as time, money, or effort, in the expectation of achieving a future return or benefit.
Underestimating
The act of assessing something as smaller, less important, or less severe than it actually is.
Original Estimates
The initial predictions made regarding the effort, time, and resources required to complete a project or task.
Total Estimate
The comprehensive calculation of the anticipated cost of a project or the final total quantity of something.
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