What is the Global Cost Multiplier?
What is the Global Cost Multiplier?
The global cost multiplier is an overall cost multiplier applied to the total project cost (including all materials, labor, taxes, overhead). It can be used to adjust all of the total project costs used in FEDS economic calculations. This could be used for such purposes as to account for special cost-impacting requirements of working at a facility with stringent security requirements or health and safety risks, or to assess the impact of varying costs on project economics.