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As the project progresses from initiation through planning and executing, and additional detail is gathered, the range of values for the project cost estimate will:
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As the project progresses from initiation through planning and executing, and additional detail is gathered, the range of values for the project cost estimate will:

User Anand Patel
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The range of values for the project cost estimate will become more precise. As in, there will be a better and more clear idea of how much the project costs will be, so the estimate will be more accurate.
User Mily
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