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: Idrus, Arazi, Nuruddin, F, Rohman, M.Arif
Format: Article
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-eprints.3281 /
Published: Elsevier 2010
Subjects:
Online Access: http://eprints.utp.edu.my/3281/1/ESWA4955.pdf
http://eprints.utp.edu.my/3281/
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