Is there guidance about how project budgeting should change to effectively implement a Triad approach?
The largest impact the Triad potentially has on project financial planning is associated with cost estimation and project budgeting. The dynamic nature of Triad work strategies means that the ultimate extent of field activities may be less defined at the outset of project work than would be the case otherwise. This is because a Triad project expects field activities to develop according to the actual conditions found in the field, whether or not project planners had accurate expectations during project planning. This provides some unique benefits from a technical perspective, including allowing activities to change in response to unexpected field conditions, and permitting work to continue until the objectives of field activities are met. However, this unique benefit also poses additional cost estimation and budgeting challenges. The reality for all hazardous waste characterization and remediation projects is that their ultimate life-cycle cost is highly uncertain at the project outset
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