Refining estimates may be necessary for a number of reasons.For example,a manager getting further into a project and obtaining a better understanding of what needs to be done to accomplish a project and meet the needs of the customer is an example of
A) Hidden interaction costs.
B) Things going wrong on a project.
C) Normal conditions not applying.
D) Changes in project scope.
E) There is never a good reason to refine estimates.

Question

Quizplus · Accepted Answer

As he or she gets further and further into the project,the manager obtains a better understanding of what needs to be done to accomplish the project.This may lead to major changes in project plans and costs.Likewise,if the project is a commercial project,changes often have to be made midstream to respond to new demands by the customer and/or competition.

Refining Estimates May Be Necessary for a Number of Reasons