000 01789naa a2200217uu 4500
001 11306
003 OSt
005 20190211155404.0
008 030219s2006 xx ||||gr |0|| 0 eng d
100 1 _aELKJAER, Martin
_93214
245 1 0 _aStochastic budget simulation
260 _capr. 2000
520 3 _aThe purpose of this article is to present a new method for cost estimation. The innovative idea is to combine the conventional calculation method stochastic simulation with basic facets of the successive principle. The purpose of this is to avoid the assessment of dependencies between cost items in the budget. The method is named Stochastic Budget Simulation (SBS), and it is made operational with a software application. The method can be applied to most projects with a simple cost structure at the early stages where uncertainty plays a significant role in estimating the overall cost. The most likely users are planners, project managers or consultants. It is not necessary to understand the calculations, the statistical theory or the simulation technique in order to use the method. However, users should be able to arrange items and overall influences in accordance with the urgent requirement of statistical independence. SBS is a new and radically different way to analyse and evaluate the economic consequences of large-scale projects by quantifying intervals for cost items and using simulation as tool to represent distributions of the possible costs
650 4 _aCost Estimation
_912529
650 4 _aStochastic Simulation
_920156
650 4 _aUncertainty Analysis
_920157
773 0 8 _tInternational Journal of Project Management
_g18, 2, p. 139-147
_d, apr. 2000
_w
942 _cS
998 _a20030219
_bLucima
_cLucimara
998 _a20060801
_b1545^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c11430
_d11430
041 _aeng