Answered step by step
Verified Expert Solution
Question
1 Approved Answer
7. What is the primary risk with including reserves or contingency allowances ? in your cost estimate? A. Cancelling your project B. Understating the cost
7. What is the primary risk with including reserves or contingency allowances ? in your cost estimate? A. Cancelling your project B. Understating the cost estimate C. Overstating the cost estimate D. Tracking the funds 8. Which of the following statements most accurately describes a project scenario? ? A. Changes in project scope during the initial phases of the project are very expensive. B. The influence of the stakeholders is the same all through the project. C. Staffing peaks up during the execution phase of a project. D. The next phase of a project should never start until the deliverables for the previous phase have been completely reviewed and approved
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started