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What does BPJ stand for?

BPJ stands for Best Professional Judgment

This definition appears frequently

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We have 12 other meanings of BPJ in our Acronym Attic

Samples in periodicals archive:

Give a realistic assessment of the likely selling, buying or rental price or associated cost of occupancy to the client based on market evidence and using best professional judgment.
For example, in a merger or acquisition, engineering consultants often will exercise best professional judgment to assess a single best-case (for sellers) or worst-case (for buyers) outcome for individual sites.