Eli5: why are estimated budgets for big construction projects always wrong and end up spending more than expected? Why can’t we get better at these estimates?

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Eli5: why are estimated budgets for big construction projects always wrong and end up spending more than expected? Why can’t we get better at these estimates?

In: Economics

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Anonymous 0 Comments

Gov: Hey can some one build us a bridge?

Builder: Could you tell me more about….

Gov: WE DO NOT ANSWER QUESTIONS!
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