Estimating Can Be Tough

question 33

Multiple Choice

Estimating can be tough.In terms of costs when doing the analysis phase,the typical margin of error for well-done estimates could be as much as _______ % off.

• A)10%
• B)25%
• C)35%
• D)50%
• E)60%

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Definitions:

Underlying Purposes

Fundamental reasons or motives behind actions or decisions, often not immediately apparent.

Negative Elements

Components or aspects of a situation, proposal, or environment that are harmful or undesirable.

Informative Message

A communication that aims to enlighten or inform the recipient about specific facts or details.

Order of Importance

A method of organizing information or arguments by arranging them from the most significant to the least significant or vice versa.