The estimating factor that considers the decreasing accuracy of estimates as one forecasts activities that are further into the future is known as ____________.
A) project complexity
B) planning horizon
C) people
D) organizational culture
E) padding estimates

Question

Quizplus · Accepted Answer

The planning horizon refers to the period into the future for which a plan is being made. The further into the future an activity or project is forecasted, the less accurate estimates tend to be, due to the increasing uncertainty with time. This concept is encapsulated in the planning horizon, making it the correct answer.

The Estimating Factor That Considers the Decreasing Accuracy of Estimates