On average,private sector projects are underestimated by one-half in terms of budget and time required to deliver the complete system promised in the system plan.

Name: On average,private sector projects are underestimated by one-half in terms of budget and time required to deliver the complete system promised in the system plan.
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Question

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Various studies have found that private sector projects are typically underestimated by approximately 50% in terms of budget and time required for completion.

On Average,private Sector Projects Are Underestimated by One-Half in Terms