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Question 15.2: A civil engineer is interested in estimating the cost of ski...

A civil engineer is interested in estimating the cost of skilled labor for the job done in a construction project. He finds that a project of a similar complexity and magnitude was completed 5 years ago at a skilled labor cost of ₹4,58,640. The ENR Skilled labor index was 510 then and now is 818. What is the estimated labor cost?

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