Consider an example of Kala bagh dam, what are the challenges faced by the manager for cost estimation and budgeting?
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The Kalabagh Dam (Urdu: کالا باغ ڈيم) is a proposed hydroelectric dam on the Indus River at Kalabagh in the Mianwali District, Punjab, Pakistan, which has been intensely debated along ethnic and regional lines for over 40 years. [citation needed]
If constructed, the dam could generate 3,600 MW of electricity. It is also suggested and promoted as a potential solution to the chronic flooding problem and the related water crises in the country. Over the decades, the understanding of the environmental impacts of mega dam projects have grown, and Pakistan Economy Watch has demanded a national debate on the KBD issue.
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The challenges faced will be resource allocation, consistency etc.
- Large projects demand large scale activities and costs. This further leads to a lot of challenges such as -
- A manager may have to lessen a segment expense by a modest amount through plan adjustments. Accordingly, the premise to measure the effect of each plan boundary for every choice to meet the prerequisite gets troublesome.
- When manager gathers all the information from various sources through many time spans, they should make it predictable and practically identical. Assessors need to decide whether dam construction cost is delicate and how it reacts.
- Cost estimates should be convenient. Time compels numerous parts of assessing, including information assortment and approval for dam construction, information quality, and consistency likewise represent a test.
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