List the two factors affecting on cost estimation.

List the two factors affecting on cost estimation.
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1 Answer

Answer :

Factors affecting cost estimation

1) Labor Wage Rates

2) Inflation Factor

3) Project Schedule

4) Quality of Plans & Specifications

5) Reputation of Engineer

6) Regulatory Requirements

7) Insurance Requirements

8) Size and Type of Project

9) Location

10) Contingency
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