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Which of the following is a potential consequence of a low degree of accuracy in cost estimating?

22. Which of the following is a potential consequence of a low degree of accuracy in cost estimating?

1. Enhanced project performance
2. Increased stakeholder confidence
3. Significant cost overruns
4. Reduced project scope

Answer

The correct answer is: C) Significant cost overruns

Explanation

Budget problems and possible project delays might arise from cost overruns caused by inaccurate cost estimation.