vault backup: 2026-01-11 12:50:45

2026-01-11 12:50:45 -05:00
parent 025adb476c
commit 76479bcedd
17 changed files with 250 additions and 107 deletions
@@ -51,19 +51,3 @@ Suppose the estimator is prescient and has observed the final cost of the projec
 as reported in the winning contractor's historicals.

 %%
-
-## Expected Value of Perfect Information
-
-[[uncertainty#Expected Value of Perfect Information]]
-
-%%
-
-an organization pays in estimator hours.
-These hours have a direct cost in salary and benefits,
-however the greater cost is the **opportunity cost**
-of tying up an estimator who could otherwise be starting a new project.
-
-In many cases, the [[utility]] of doubled throughput
-far outweighs the increased risk of individual bids.
-
-%%