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Question

What is one of the main problems in applying cost estimation models?

a.

Lack of data about past projects

b.

Lack of expertise in the estimators

c.

Political arguments entering the arena

d.

Difficulty in collecting data

Answer: (a).Lack of data about past projects Explanation:One of the main problems in applying these models is the sheer lack of quantitative data about past projects.

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Q. What is one of the main problems in applying cost estimation models?

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