Asked by Ramses Atahualpa on Apr 25, 2024
Verified
_____ refers) to decisions based on incomplete information made by people who have extensive personal experience.
A) Guesswork
B) Top-down estimation
C) Bottom-up estimation
D) Speculation
E) Expert judgment
Expert Judgment
Insights or assessments provided by individuals with specialized knowledge or expertise in a particular area, used to inform decisions or planning.
Incomplete Information
A scenario where not all relevant information is available, leading to uncertainties in decision-making processes.
- Understand the fundamentals of earned value management and its use in tracking project advancement.
Verified Answer
LY
Lenny Yegon8 days ago
Final Answer :
E
Explanation :
Expert judgment is the best choice as it refers to decisions made by people who have extensive personal experience. The other options may not necessarily involve personal experience or expertise.
Learning Objectives
- Understand the fundamentals of earned value management and its use in tracking project advancement.
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