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b) Calculate point of total assumption (PTA) using the given values. Justify the result. (2.5 marks) Target Cost 120,000 Target Fee 30,000 Target Price 150,000

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b) Calculate point of total assumption (PTA) using the given values. Justify the result. (2.5 marks) Target Cost 120,000 Target Fee 30,000 Target Price 150,000 Sharing Ratio (Cost Overrun Sharing Ratio) 60/40 Ceiling Price 210,000

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