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id, aliases, title, tags, dg-publish
| id | aliases | title | tags | dg-publish | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Actuarial Science for Construction Estimating |
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true |
Actuarial Science for Construction Estimating
Cross-topic of actuarial-science and construction-estimating.
For a contractor, construction projects are like investments in that they have a cost and return. However, for construction projects, return is known but cost must be estimated. In this way, projects are better compared to insurance accounts.
- cost of individual service is uncertain
- cost to customer must be minimized