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Controlling Project Costs
By implementing good control practices, owners can lower project costs by as much as 30%
By John K. Hollmann
Edward W. Merrow
Independent Project Analysis, Inc.
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Atrend needs to be reversed. For the past 20 years, owners in the chemical process industries (CPI) have reduced their cost-engineering function because cost engineering was perceived as “overhead.” This tactic did not improve cost outcomes;…