Most cost management efforts concern understanding the past but this book focuses on future costs, their uncertainties, and risks. It presents a new approach toward life-cycle costing based on the principles of activity-based costing, uncertainty and risk management and Monte Carlo methods.
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Most cost management efforts concern understanding the past but this book focuses on future costs, their uncertainties, and risks. It presents a new approach toward life-cycle costing based on the principles of activity-based costing, uncertainty and risk management and Monte Carlo methods.
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