Engineer’s estimate reliability and statistical characteristics of bids
The objective of this report is to provide a methodology for examining bids and evaluating the performance of engineer’s estimates in capturing the true cost of projects. This study reviews the cost development for transportation projects in addition to two sources of uncertainties in a cost estimat...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2016-12-01
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Series: | Cogent Engineering |
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Online Access: | http://dx.doi.org/10.1080/23311916.2015.1133259 |