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Engineering Economy - Engineering

Q1:

The key to profitable operation for project cost control, is :

A To keep the project cost equal to original cost estimate.

B To keep the project cost equal to subsequent construction budget.

C To keep the project cost within the cost budget and knowing when and where job costs are deviating.

D None of these

ANS:C - To keep the project cost within the cost budget and knowing when and where job costs are deviating.

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