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Resources initially budgeted for a project are frequently __________ for the task, partly because of natural optimism by the proposer about how many resources are needed.

a) Overestimated
b) Underestimated
c) Misallocated
d) Stabilized

1 Answer

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Final answer:

Resources for a project are often underestimated due to natural optimism, leading to potential budget shortfalls and project challenges. The correct answer to the question is b) Underestimated.

Step-by-step explanation:

Resources initially budgeted for a project are frequently underestimated for the task, partly because of natural optimism by the proposer about how many resources are needed. This optimism bias can lead to insufficient resources being allocated, which may result in the need for additional funding or adjustments as the project progresses. It is common in project planning for individuals to overlook potential challenges or to assume that things will proceed without unforeseen complications, contributing to underestimation of resources.

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