Key Takeaways
- Early warnings: CO frequency, cumulative COs, draw vs. progress mismatches.
- Five recovery options with different cost-value profiles.
- VE saves 5-15% with equivalent function.
- Pre-identify VE alternatives in the SOW.
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Test Your Knowledge
1.What is the first early warning indicator of a budget crisis?
2.Which budget recovery option has the least impact on property value?