Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Why is the accuracy of estimates for current events greater than that for more distant events?
O Longer project durations primarily use top down estimating methods.
O Uncertainty increases over time.
O Distant events primarily use bottom up estimating methods.

Sagot :

GinnyAnswer

Final answer:

The accuracy of estimates for current events is higher due to factors like increasing uncertainty over time and reliance on historical data for more reliable estimates.


Explanation:

The accuracy of estimates for current events is greater than that for more distant events due to several factors:

  1. Uncertainty increases over time: As events get further into the future, there are more variables and unknown factors that can impact the accuracy of estimates.
  2. Historical Data: Estimating using past experience is more reliable for current events as opposed to distant ones.
  3. Planning Horizon: The farther into the future an activity is, the greater the margin of error in estimation.

Learn more about Estimation accuracy for events here:

https://brainly.com/question/36399903


Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.