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WHAT IS THE PERCENT THAT MUST BE INCREASED TO THE DIRECT COST FOR RISK , DELAY AND INCREASE THE COST OF MATERIALS FOR ANY PROJECT IN THE ESTIMATION STAGE?

Cost Engineering Project Management
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Question added by Anwar Abdulhady , MBA- PMP-MEP- Projects Director - Coordinator - Cost Estimator , Sertah United Company
Date Posted: 2015/09/01
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hassan farag

THE PERCENT THAT MUST BE INCREASED TO THE DIRECT COST FOR RISK IS a ratio from the direct cost and it is estimated as a part of the risk assessment after completing the quantitative risk assessment so the ratio in between (0 :25% ) of the Direct Cost & for Normal projects it dos not  exceed12% of the Direct Costs  

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