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Which Statement Is True of a Order of Magnitude Estimate

Question 38

Multiple Choice

 Which statement is true of a order of magnitude estimate?


A) It is used to allocate money into an organization's budget.
B) It provides an estimate of what a project will cost.
C) Its timeframe is always less than a year prior to project completion.
D) It is a type of estimate that is done in the final stages of a project.

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