Integrated probabilistic schedules and estimates from project simulated data
Isidore, L.
Integrated probabilistic schedules and estimates from project simulated data - 2001 - Construction Management and Economics 19(4) July 2001, 417-426(10) .
Suggests that the risks associated with construction projects can be better quantified by integrating range estimating and probabilistic scheduling, also known as probabilistic estimating and stochastic scheduling, using the empirical cumulative density function technique (ECDF), a graphically based technique which does not require assumptions about the underlying data distributions. Tables, diagrams, references.
CONSTRUCTION PROJECTS
MONTE CARLO SIMULATION
PROBABILISTIC MODELLING
PROBABILITY MODELS
RISK ANALYSIS
RISK ASSESSMENT MODEL
RISK ESTIMATION
RISK MANAGEMENT
Integrated probabilistic schedules and estimates from project simulated data - 2001 - Construction Management and Economics 19(4) July 2001, 417-426(10) .
Suggests that the risks associated with construction projects can be better quantified by integrating range estimating and probabilistic scheduling, also known as probabilistic estimating and stochastic scheduling, using the empirical cumulative density function technique (ECDF), a graphically based technique which does not require assumptions about the underlying data distributions. Tables, diagrams, references.
CONSTRUCTION PROJECTS
MONTE CARLO SIMULATION
PROBABILISTIC MODELLING
PROBABILITY MODELS
RISK ANALYSIS
RISK ASSESSMENT MODEL
RISK ESTIMATION
RISK MANAGEMENT