What methods does bidlight use to quantify and incorporate potential risks into its cost estimates
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Can you elaborate on BidLight's approach to risk analysis within the cost estimation process? How are potential risks quantified and factored into cost estimates, and what strategies are employed to mitigate and manage these risks throughout the construction process?
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Answers
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BidLight offers inflation projections (only in the USA)
Use the Risk Management tool to produce a risk tolerant estimate.