Statement: If a cost estimate comes up too high, a good way to reduce it is to uniformly cut costs by a certain percentage for everything on the project.

Question

Quizplus · Accepted Answer

Uniformly cutting costs across all areas of a project can negatively impact critical components, leading to suboptimal outcomes. It's better to evaluate and prioritize areas for cost reduction based on their importance and impact on the project's success.

Statement: If a Cost Estimate Comes Up Too High, a Good