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When installing valve body bolts:
Risk Adjustment
Risk adjustment is the process of correcting estimates, prices, or values to account for uncertainties or known risks.
Capital Budgeting Committee
A group within an organization responsible for evaluating and making decisions about long-term investment projects and capital expenditures.
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.
Salvage Value
The estimated value that an asset will realize upon its sale at the end of its useful life.
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