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In compiling a project cost estimate for the build of a new office block in a central Dublin site, your CEO recalls a recent project
In compiling a project cost estimate for the build of a new office block in a central Dublin site, your CEO recalls a recent project elsewhere in the city that was significantly delayed by the discovery of archaeological remains during excavations, which is common in historic central Dublin locations. She wants you to consider how best to include this within the plan. Which of the following would be appropriate? 1. Ignore as it is statistically highly unlikely 2. Include a provision for the possible costs of engaging archaeological expertise to assess how to proceed in the event of an archaeological find 3. Include an expense for the purchase of appropriate archaeological insurance to compensate for extreme delay 4. Ensure the potential for some small delay is included in the costing and in the setting of targets. 01 2& 4 3 2. 3 & 4
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