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Monte Carlo simulation of construction costs using subjective data

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References

1993Risk Management and Construction656 cited
1992Statistical Properties of Construction Duration Data154 cited
1992Monte Carlo Technique with Correlated Random Variables145 cited
1970Network analysis for planning and scheduling108 cited
1991Visual Interactive Fitting of Beta Distributions98 cited
1993Probabilistic Cost Estimating with Subjective Correlations95 cited
1995The validity of the triangular distribution assumption in Monte Carlo simulation of construction costs: empirical evidence from Hong Kong81 cited
1990Quantity Surveying Techniques: New Directions70 cited

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2009Probabilistic simulation for developing likelihood distribution of engineering project cost66 cited
2000Model for Evaluating Networks under Correlated Uncertainty—NETCOR53 cited
2010Construction cost analysis under uncertainty with correlated cost risk analysis model51 cited
2019Bayesian Inference with Markov Chain Monte Carlo–Based Numerical Approach for Input Model Updating40 cited
2006Rational under‐pricing in bidding strategy: a real options model29 cited
2000A fuzzy model and algorithm to handle subjectivity in life cycle costing based decision-making.22 cited

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2017

Uncertainties related to financial variables within infrastructure life cycle costing: a literature review

21 cited