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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-01-01
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Series: | Stats |
Subjects: | |
Online Access: | https://www.mdpi.com/2571-905X/4/1/5 |