Quotes About Cost

See your project as one in a class of similar projects already done, as "one of those." Use data from that class—about cost, time, benefits, or whatever else you want to forecast—as your anchor. Then adjust up or down, if necessary, to reflect how your specific project differs from the mean in the class. That's it.

BAA understood, as so many others do not, that "lowest bid" does not necessarily mean "lowest cost," so rather than follow the common practice of hiring the lowest bidders, BAA stuck with companies it had worked with for years and that had proven their ability to deliver what BAA needed.

Third, there's the financial strain. A nuclear power plant must be completely finished before it can generate any electricity. Even nine-tenths done, it's useless.

We have documented in this book that: • Cost overruns of 50 per cent to 100 per cent in real terms are common in megaprojects; overruns above 100 per cent are not uncommon; • Demand forecasts that are wrong by 20 per cent to 70 per cent compared with actual developments are common; • The extent and magnitude of actual environmental impacts of projects are often very different from forecast impacts. Post-auditing is neglected;

strong incentives and weak disincentives for cost underestimation and thus for cost overrun may have taught project promoters what there is to learn, namely that cost underestimation and overrun pay off. If this is the case, cost overrun must be expected and it must be expected to be intentional.

Cost underestimation and overrun have not decreased over the past seventy years. No learning seems to take place; • Cost underestimation and overrun cannot be explained by error and seem to be best explained by strategic misrepresentation, namely lying, with a view to getting projects started.

Such was the demand for sugar, the price of a sweet tooth was a toothless smile. Such was the demand for coffee, the price of caffeine was addiction, heart palpitations, osteoporosis and general irritability. The price of rum was chronic liver disease, alcoholism and permanent memory loss. The cost of tobacco was cancer, stained teeth and emphysema.

Look, if you have somebody who doesn't have health insurance, who doesn't have a doctor or dentist, and in order to deal with their cold or flu or dental problem, they go to an emergency room - in general, that visit will cost ten times more than walking into a community health center.

in Norway, no matter how much time you might spend in a hospital, no matter how many doctor visits you might make, no matter how many prescription drugs you might use, you cannot spend more than $350 a year for health care. Not one cent more.

I recently became a Christian Scientist. It was the only health plan I could afford.

Forgiveness is a gift of high value. Yet its cost is nothing.

The common man need not ask because I am unavailable to him, but for a man who matches me in strength and purpose—there is no cost.

There are two kinds of companies: those that try to charge more and those that work to charge less. We will be the second.

For study of the good and the bad in woman two women are a needless expense.

Money's the cheapest thing. Liberty and freedom is the most expensive.

According to NYPD figures, a contract killing could be had in Brooklyn for a mere $500. More often than not, though, people in New York were killed for free.

America enjoys the best health care in the world, but the best is no good if folks can't afford it, access it and doctor's can't provide it.

Most, perhaps all, of us were from middle-class families and trying to pay our way through college. Waitresses could clear from $1,000 to $1,500 for the summer, bellhops $800 or so. Now this may not seem like a lot, but at the University of Illinois in the sixties my tuition for a semester was—parents, do not commit hara-kiri—$135.

We all pay for life with death, so everything in between should be free.

Before you start making disciples in the church, count the cost; don't start unless you plan to finish.

Every technology, including the printing press, comes at some price.

A taco is an economic good because we will go to a restaurant and buy one.

It isn't the high price of stars that is expensive; it's the high price of mediocrity.

It is not necessarily true that expensive experiments are not worthwhile doing but there are plenty of rather cheap experiments which are certainly worth doing.