Utilizing historical data of past projects can improve the accuracy of task estimations for current projects.
False
True
This statement is true because historical data provides insights into real-world task durations and resource usage, which can refine estimations and planning for similar current projects. This practice leads to more accurate scheduling and efficient resource allocation, reducing the risk of project delays and budget overruns. Inaccurate estimations, often resulting from a lack of contextual data, can jeopardize the project’s success.
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