A Statistical Approach to Analyzing Engineering Estimates and Bids

This paper introduces a methodology to assess the accuracy of engineering estimates in relation to the final project cost. The objective of this assessment is to develop a comprehensive approach towards obtaining a more reliable estimate of the project cost. This approach relies on the review of a s...

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Bibliographic Details
Main Authors: Roshanak Farshidpour, Kiana Negoro, Fariborz M. Tehrani
Format: Article
Language:English
Published: MDPI AG 2021-01-01
Series:Stats
Subjects:
Online Access:https://www.mdpi.com/2571-905X/4/1/5