The situation when decision makers within the owner domain are systematically biased towards the over-estimation of the benefits of a project and an underestimation of the costs of a project is called:
A) Dynamic uncertainty
B) Strategic misrepresentation
C) Optimism bias
D) Wrong estimation
Correct Answer:
Verified
Q1: It is only in shaping the project
Q2: Any organization which invests in the development
Q3: Different owners have very different purposes, and
Q4: The ability to operate resources efficiently and
Q5: Owners of the project could be:
A) Investors
B)
Q7: The use of formal analysis to define
Q8: Any group or individual who can affect
Q9: Only a capable owner can effectively shape
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