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Business & Economics :: Project Management

January 1, 2006

Pilot Plant Cost Estimating: Make Intelligent Use of Contingency

In capital cost estimating, provision for contingency is often a misunderstood concept. Here are guidelines for applying it soundly to estimates involving pilot plants.

Richard Palluzi ExxonMobil Research & Engineering Co.

Click here for full pdf version of this article - includes all graphs, charts, tables, and author information   The first two installments of this three-part series (CE, November 2005, pp. 40–45, and December, pp. 42–47) dealt mainly with the...

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