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Practical Concepts for Capstone Design Engineering by Daniel Meeroff, Frederick Bloetscher

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Cost Estimating

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For clients, among the most important issues are the time of construction, the utility of the project, quality, and of course costs. Remember that all clients have a budget, and as a project design moves forward, the engineer will refine the cost of the project while also trying to stay within budget. Decisions will be made by the client to add or subtract items, alter floor space, install equipment, etc. as the costs become better ...

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