Accuracy

Accuracy is 1) an ability to work or perform without making mistakes; 2) a fact of being exact or correct in the quantity and quality of information; 3) the degree of closeness between an estimate and actual value.

Related Definitions in the Project: The Project Management; Cost Estimate (Estimation) 

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.