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What is the purpose of memory well in estimating costs?

70. What is the purpose of memory well in estimating costs?

  1. To store historical data
  2. To track project progress
  3. To facilitate accurate cost estimation
  4. To organize project documentation

Answer

The correct answer is: C) To facilitate accurate cost estimation

Explanation

Memory well helps in storing and retrieving relevant data that aids in making accurate cost estimations for construction projects.

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