Question: Your management is applying the 10 percent solution: It has requested that you reduce the budget for the project which you are currently initiating by

Your management is applying the 10 percent solution: It has requested that you reduce the budget for the project which you are currently initiating by 10%. What will this probably mean for your project? O If the budget is cut by 10%, then the project will have an accompanying degradation of quality by 10%. O 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. O

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