The management team is calculating the cost range for a project to develop a product that targets

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The management team is calculating the cost range for a project to develop a product that targets an unfamiliar market. What is the key principal that governs the cost range tolerance?

a. The less known, the wider the range

b. The more known, the wider the range

c. The earlier in the project, the narrower the range

d. 50 percent to +50 percent

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