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Author : Rodney Joseph Alberts
Publisher :
ISBN 13 :
Total Pages : 178 pages
Book Rating : 4.:/5 (225 download)
Download or read book Probabilistic Elements of Cost Estimating for Buildings written by Rodney Joseph Alberts and published by . This book was released on 1972 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edyta Plebankiewicz
Publisher :
ISBN 13 : 9783036522951
Total Pages : 220 pages
Book Rating : 4.5/5 (229 download)
Download or read book Probabilistic and Fuzzy Approaches for Estimating the Life Cycle Costs of Buildings written by Edyta Plebankiewicz and published by . This book was released on 2021-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Life cycle cost (LCC) method makes it possible for the whole life performance of buildings and other structures to be optimized. The introduction of the idea of thinking in terms of a building life cycle resulted in the need to use appropriate tools and techniques for assessing and analyzing costs throughout the life cycle of the building. Traditionally, estimates of LCC have been calculated based on historical analysis of data and have used deterministic models. The concepts of probability theory can also be applied to life cycle costing, treating the costs and timings as a stochastic process. If any subjectivity is introduced into the estimates, then the uncertainty cannot be handled using the probability theory alone. The theory of fuzzy sets is a valuable tool for handling such uncertainties. In this Special Issue, a collection of 11 contributions provide an updated overview of the approaches for estimating the life cycle cost of buildings.
Author : Paul R. Garvey
Publisher : CRC Press
ISBN 13 : 148221976X
Total Pages : 526 pages
Book Rating : 4.4/5 (822 download)
Download or read book Probability Methods for Cost Uncertainty Analysis written by Paul R. Garvey and published by CRC Press. This book was released on 2016-01-06 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition gives you a thorough grounding in the analytical methods needed for modeling and measuring uncertainty in the cost of engineering systems. This includes the treatment of correlation between the cost of system elements, how to present the analysis to
Author : Brian C. Edgerton
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (115 download)
Download or read book Probabilistic Approach to Cost Estimating in Construction Management written by Brian C. Edgerton and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : James E. Spooner
Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.:/5 (63 download)
Download or read book Probabilistic Models for Construction Estimating and Bidding written by James E. Spooner and published by . This book was released on 1972 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Two probabilistic models are offered as a means for quantitatively determining contingency in a lump-sum bid. The first model is based on the isolated project and requires subjective evaluation of probabilities associated with the individual elements of the estimate. Contingency is defined as a function of the standard deviation of project field costs. Procedures are developed to obtain the variance of the total field cost from three-value estimates of the primary quantities. The second model considers the business as a stochastic process with an initial risk reserve and a positive risk loading, and contingency in this model is a function of the risk loading. Output from the project model is found to be approximately normal and insensitive to the type of input distribution. Covariance among accounts in the estimate are shown to be highly significant. The business model produces a significantly lower value for contingency than the project model and indicates that contingency is a lower bound on the contractor's fee and must be handled in a fiscally responsible manner"--Abstract, leaf ii.
Author : Pieter van Gelder
Publisher : Dirk Proske Verlag
ISBN 13 : 3000250484
Total Pages : 588 pages
Book Rating : 4.0/5 (2 download)
Download or read book Proceedings of the 7th International Probabilistic Workshop written by Pieter van Gelder and published by Dirk Proske Verlag. This book was released on 2009 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Chris Hendrickson
Publisher : Chris Hendrickson
ISBN 13 : 0137312660
Total Pages : 425 pages
Book Rating : 4.1/5 (373 download)
Download or read book Project Management for Construction written by Chris Hendrickson and published by Chris Hendrickson. This book was released on 1989 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309062330
Total Pages : 55 pages
Book Rating : 4.3/5 (9 download)
Download or read book Improving the Accuracy of Early Cost Estimates for Federal Construction Projects written by National Research Council and published by National Academies Press. This book was released on 1990-02-01 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (2 download)
Download or read book NBS Building Science Series written by and published by . This book was released on 1974 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 518 pages
Book Rating : 4.:/5 (318 download)
Download or read book Journal of the Construction Division written by and published by . This book was released on 1983 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert E. Chapman
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (31 download)
Download or read book Cost Estimation and Cost Variability in Residential Rehabilitation written by Robert E. Chapman and published by . This book was released on 1980 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paul H. Queeney
Publisher :
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.:/5 (227 download)
Download or read book Probabilistic Estimating written by Paul H. Queeney and published by . This book was released on 1990 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : K. Terasawa
Publisher :
ISBN 13 :
Total Pages : 162 pages
Book Rating : 4.:/5 (318 download)
Download or read book Probabilistic Analysis of the Cost for Surface-sited and Underground Nuclear Power Plants written by K. Terasawa and published by . This book was released on 1978 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dr David Hulett
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409459101
Total Pages : 241 pages
Book Rating : 4.4/5 (94 download)
Download or read book Integrated Cost-Schedule Risk Analysis written by Dr David Hulett and published by Gower Publishing, Ltd.. This book was released on 2012-09-28 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project managers tend to believe their cost estimates - whether they have exceeded budgets in the past or not. It is dangerous to accept the engineering cost estimates, which are often optimistic or unrealistic. Though cost estimates incorporate contingency reserves below-the-line, these estimates of reserves often do not benefit from a rigorous assessment of risk to project costs. Risks to cost come from multiple sources including uncertain project duration, which is often ignored in cost risk analyses. In short, experience shows that cost estimating on projects is rarely successful - cost overruns routinely occur. There are effective ways to estimate the impact on the cost of complex projects from project risks of all types, including traditional cost-type risks and the indirect but often substantial impact from risks usually thought of as affecting project schedules. Integrated cost-schedule risk anlaysis helps us determine how likely the project will go over budget with the current plan, how much contingency reserve is required to achieve a desired level of certainty, and which risks are most important so the project manager can mitigate them and achieve a better result. Integrated Cost-Schedule Risk Analysis provides solutions for these and other challenges. This book follows on from David Hulett's highly-praised Practical Schedule Risk Analysis. It focuses on the way that schedule risk can generate cost risk, and how to handle this relationship. It also applies the Risk Driver Method to the analysis so that you can clearly and transparently identify the key risks, rather than just the most risky cost line items. With detailed worked examples and over 70 illustrations, Integrated Cost-Schedule Risk Analysis offers the definitive guide to this critically important aspect of project management from surely the world's leading commentator.
Author : Christian Hofstadler
Publisher : Springer Nature
ISBN 13 : 3030640140
Total Pages : 696 pages
Book Rating : 4.0/5 (36 download)
Download or read book Chances and Risks in Construction Management and Economics written by Christian Hofstadler and published by Springer Nature. This book was released on 2021-06-20 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book outlines the processes of calculating and critically reviewing construction costs and times for clients and contractors in different project phases. Any project or structural analysis should yield accurate information on times, costs, and prices. The related database is more or less uncertain depending on project complexity and the circumstances of work performance. It is thus recommended to use ranges of key input parameters. This approach consistently considers uncertainties within a holistic project view, thus enhancing the plausibility and validity of specific values. Only the integration of probabilistic methods will allow for calculating and graphically representing the chance/risk ratio as a crucial project variable ultimately influencing the entire business. This book examines the systemic modeling and consideration of uncertainties when determining construction costs and times, and life-cycle costs. It contains detailed descriptions of other decision-making processes, including project preparation and planning (developer calculation, soil survey, cost estimate), work preparation (costing, pricing, construction time evaluation, resource identification, comparison of construction methods, bid analysis, contract award), and project execution (site logistics, construction method selection, construction process planning, work coordination, sourcing, determination of additional costs, trend analyses), as well as for project portfolio management as a tool relevant to all phases.
Author : Faik Burak Evrenosoglu
Publisher :
ISBN 13 :
Total Pages : 306 pages
Book Rating : 4.:/5 (366 download)
Download or read book Modeling of Construction Cost Data for Probabilistic Range Estimating Limited by Small Data Sets of Historical Costs written by Faik Burak Evrenosoglu and published by . This book was released on 1996 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rodney D. Stewart
Publisher : John Wiley & Sons
ISBN 13 : 9780471305101
Total Pages : 744 pages
Book Rating : 4.3/5 (51 download)
Download or read book Cost Estimator's Reference Manual written by Rodney D. Stewart and published by John Wiley & Sons. This book was released on 1995-04-03 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.
