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Probabilistic simulation for developing likelihood distribution of engineering project cost
16 references·9 citing·34 second hop
Probabilistic simulation for developing likelihood distribution of engineering project cost (2009)Probabilistic simulation for developing l…Predicting Construction Cost Using Multiple Regression Techniques (2006)Predicting Construction Cost …Project Risk Management Guidelines: Managing Risk in Large Projects and Complex Procurements (2004)Project Risk Management Guide…A guide to the project management body of knowledge (PMBOK guide) (2004)A guide to the project manage…Risk-based Life-cycle Costing of Infrastructure Rehabilitation and Construction Alternatives (2003)Risk-based Life-cycle Costing…Data modelling and the application of a neural network approach to the prediction of total construction costs (2002)Data modelling and the applic…Guidelines for Probabilistic Pavement Life Cycle Cost Analysis (2001)Guidelines for Probabilistic …Operations Management: Processes and Value Chains (1999)Operations Management: Proces…Distributions and correlations in Monte Carlo simulation (1997)Distributions and correlation…The validity of the triangular distribution assumption in Monte Carlo simulation of construction costs: empirical evidence from Hong Kong (1995)The validity of the triangula…Probabilistic Cost Estimating with Subjective Correlations (1993)Probabilistic Cost Estimating…Monte Carlo Technique with Correlated Random Variables (1992)Monte Carlo Technique with Co…Risks, Classification of Estimates, and Contingency Management (1990)Risks, Classification of Esti…Cost‐Estimating Principles (1989)Cost‐Estimating PrinciplesProject Management: Techniques in Planning and Controlling Construction Projects (1984)Project Management: Technique…Simulation Modeling and Analysis. (1983)Simulation Modeling and Analy…Probabilistic Estimating: Mathematics and Applications (1983)Probabilistic Estimating: Mat…A decision-support tool for risk and complexity assessment and visualization in construction projects (2022)A decision-support tool for r…Quantitative Analysis of Safety Risks and Relationship with Delayed Project Completion Times (2021)Quantitative Analysis of Safe…Modeling the Construction Risk Ratings to Estimate the Contingency in Highway Projects (2017)Modeling the Construction Ris…A critical analysis of thermochemical cellulosic biorefinery capital cost estimates (2015)A critical analysis of thermo…Risk-based group decision making regarding renewable energy schemes using a stochastic graphical matrix model (2013)Risk-based group decision mak…Group Decision Making for Stochastic Optimization of Time, Cost, and Quality in Construction Projects (2012)Group Decision Making for Sto…Waste management project’s alternatives: A risk-based multi-criteria assessment (RBMCA) approach (2011)Waste management project’s al…Stochastic time–cost tradeoff analysis: A distribution-free approach with focus on correlation and stochastic dominance (2011)Stochastic time–cost tradeoff…Visualized EVM system for assessing project performance (2010)Visualized EVM system for ass…Introduction to simulation and SLAM II (1979)Principles of Discrete Event Simulation. (1980)Construction Project Network Evaluation with Correlated Schedule Risk Analysis Model (2007)Cost simulation in an item-based project involving construction engineering and management (2010)Selecting risk response strategies considering project risk interdependence (2016)Predicting Accuracy of Early Cost Estimates Using Factor Analysis and Multivariate Regression (2003)Cost Studies of Buildings (2013)Project cost risk analysis: A Bayesian networks approach for modeling dependencies between cost items (2014)Artificial Intelligence and Parametric Construction Cost Estimate Modeling: State-of-the-Art Review (2019)Comparison of Artificial Intelligence Techniques for Project Conceptual Cost Prediction: A Case Study and Comparative Analysis (2020)Probability Concepts in Engineering Planning and Design: Vol. I-Basic Principles. (1979)Reliability-Based Life-Cycle Management of Highway Bridges (2001)Life-cycle cost analysis system for pavement management at project level (2011)Resource-Activity Critical-Path Method for Construction Planning (2003)Financial Viability Analysis and Capital Structure Optimization in Privatized Public Infrastructure Projects (2005)Fuzzy Monte Carlo Simulation and Risk Assessment in Construction (2009)Analysis of critical paths in a project network with fuzzy activity times (2006)A simple approach to fuzzy critical path analysis in project networks (2007)A portfolio model for component purchasing strategy and the case study of two South Korean elevator manufacturers (2009)Large engineering project risk management using a Bayesian belief network (2008)1 Risks, Contracts and Private Sector Participation in Infrastructure (2010)Managing Risks in Complex Projects (2013)Early Stage Cost Estimation of Buildings Construction Projects using Artificial Neural Networks (2010)Application of Boosting Regression Trees to Preliminary Cost Estimation in Building Construction Projects (2015)An artificial neural network approach for cost estimation of engineering services (2019)Achieving Multiple Project Objectives through Contingency Management (2002)Calculation of contingency in construction projects (2003)Contingency modelling for construction projects using fuzzy-set theory (2015)Testing ecological models: the meaning of validation (1996)Developing Theory Through Simulation Methods (2007)Verification and validation of simulation models (2012)A Retrospective look at our Evolving Understanding of Project Success (2005)Understanding the key risks in construction projects in China (2007)Exploring the value of project management: Linking Project Management Performance and Project Success (2013)
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References

  • 1983Simulation Modeling and Analysis.8,697 cited
  • 2004A guide to the project management body of knowledge (PMBOK guide)4,323 cited
  • 2004Project Risk Management Guidelines: Managing Risk in Large Projects and Complex Procurements295 cited
  • 2006Predicting Construction Cost Using Multiple Regression Techniques292 cited
  • 1999Operations Management: Processes and Value Chains286 cited
  • 1984Project Management: Techniques in Planning and Controlling Construction Projects232 cited
  • 2002Data modelling and the application of a neural network approach to the prediction of total construction costs148 cited
  • 1992Monte Carlo Technique with Correlated Random Variables145 cited
  • 2003Risk-based Life-cycle Costing of Infrastructure Rehabilitation and Construction Alternatives119 cited
  • 1990Risks, Classification of Estimates, and Contingency Management96 cited
  • 1993Probabilistic Cost Estimating with Subjective Correlations95 cited
  • 1983Probabilistic Estimating: Mathematics and Applications90 cited
  • 2001Guidelines for Probabilistic Pavement Life Cycle Cost Analysis86 cited
  • 1989Cost‐Estimating Principles84 cited
  • 1995The validity of the triangular distribution assumption in Monte Carlo simulation of construction costs: empirical evidence from Hong Kong

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81 cited
  • 1997Distributions and correlations in Monte Carlo simulation78 cited
  • Cited by

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    • 2017Modeling the Construction Risk Ratings to Estimate the Contingency in Highway Projects51 cited
    • 2011Waste management project’s alternatives: A risk-based multi-criteria assessment (RBMCA) approach43 cited
    • 2013Risk-based group decision making regarding renewable energy schemes using a stochastic graphical matrix model43 cited
    • 2022A decision-support tool for risk and complexity assessment and visualization in construction projects40 cited
    • 2021Quantitative Analysis of Safety Risks and Relationship with Delayed Project Completion Times31 cited
    • 2011Stochastic time–cost tradeoff analysis: A distribution-free approach with focus on correlation and stochastic dominance31 cited
    • 2015A critical analysis of thermochemical cellulosic biorefinery capital cost estimates27 cited