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Failure to Count the Cost in Building Projects

Apparently many people don't know how to count the cost for their building projects. That's why cost overruns, which stem from "an underestimation of the actual cost during budgeting," are notoriously common. Here are some famous cost overruns:

  • The Suez Canal cost 20 times as much as the earliest estimates.

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Editor's Update

Matt Woodley

Preachers Are Not Mr. Spocks

September 26, 2016

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