Discussion
Consider the following statements about cost commitment:
1. Most lifetime cost is committed during conceptual design.
2. Very little of the budget is spent at that stage.
3. Cost reduction efforts are most effective during detail design.
Which of the statements given above is or are correct?
Answer: B
The first two are correct and together make the case for investing in early design. The third follows the money rather than the leverage: by detail design most of the cost is already committed and little remains genuinely open.
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