Engineering Economics
Pick up the method used for project evaluation and selection in capital budgeting from the following:

All listed here
Net present worth
Payback period
Internal ratio of return

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Engineering Economics
The key to profitable operation for project cost control, is:

To keep the project cost equal to original cost estimate
To keep the project cost equal to subsequent construction budget
To keep the project cost within the cost budget and knowing when and where job costs are deviating
None of these

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