Development of project cost contingency estimation model using risk analysis and fuzzy expert system
Contractors traditionally estimate cost contingency based on subjective judgment, such as 5–10% from the cost estimated by considering past similar project. However, such method does not have a sound basis and is difficult to justify or defend. Therefore, more objective methods for estimating proj...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Elsevier
2010
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| Subjects: | |
| Online Access: | http://eprints.utp.edu.my/3281/1/ESWA4955.pdf http://eprints.utp.edu.my/3281/ |
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| Institution: | Universiti Teknologi Petronas |