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vault backup: 2026-03-03 14:58:23

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Zane Meyers
2026-03-03 14:58:23 -05:00
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@@ -40,7 +40,7 @@ it is not cost-effective[^1] to allow it to take four.[^2]
[^1]: "Cost" referring both to estimator salaries and the opportunity cost of declined bids.
[^2]: Supposing a contractor maintained a modern portfolio theory styled record of estimates
[^2]: Supposing a contractor maintained a [[modern-portfolio-theory]] styled record of estimates
including pending bids, and projects ongoing and completed
(each with confidence estimates),
uncorrupted by [[estimating-culture#Incentives|perverse incentives]],