Damage Cost

Damage Cost is the cost incurred by direct impacts such as the degradation of land, properties, or human health effects that is incurred in taking all reasonable and practicable measures to prevent, control or abate the harm and to make good resulting from damages.

Related Definitions in the Project: The Project Cost 

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.