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Your management applies the 10 percent solution: It has requested that you reduce the budget for the project which you are currently ?

initiating by%. What will this probably mean for your project? A. Most projects have "padded" estimates, and the budgetary reduction will force out the padding from the project. B. If the project budget is an honest one, then a reduction in budget must be accompanied by a trade"off in either time or performance. C. If the budget is cut by percent,then the project will have an accompanying degradation of quality by percent. D. A percent reduction in budget will be accompanied by a loss of performance much less than the target reduction in cost.

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/11/07
Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

B. If the project budget is an honest one, then a reduction in budget must be accompanied by a trade"off in either time or performance.