Question: When would you refine a cost estimate? When you run out of money. When it is safe to reduce the over - stated numbers that

When would you refine a cost estimate?
When you run out of money.
When it is safe to reduce the over-stated numbers that you included in your original estimate as a
buffer.
Changes in project scope and or plans.
Only when you exceed 20% of your original estimate.
 When would you refine a cost estimate? When you run out

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