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Article: System for improving the accuracy of cost estimates

TitleSystem for improving the accuracy of cost estimates
Authors
Issue Date1986
Citation
Production And Inventory Management Washington, D.C., 1986, v. 27 n. 4, p. 89-101 How to Cite?
AbstractFor improving and controlling cost-estimation performance, one systematically collects the percentage discrepancies (%Ds) of cost estimates with respect to each process handled by each estimator. The means and the standard deviations of these are recognized to be convenient quantitative indicators of performance, and are used to guide and to monitor the estimators' efforts in improving their estimating skills. These quantitative indicators also enable the management to identify the most suitable personnel for preparing the cost estimates of critical job orders.
Persistent Identifierhttp://hdl.handle.net/10722/177833
ISSN

 

DC FieldValueLanguage
dc.contributor.authorLau, Amy HingLingen_US
dc.contributor.authorLau, HonShiangen_US
dc.date.accessioned2012-12-19T09:40:30Z-
dc.date.available2012-12-19T09:40:30Z-
dc.date.issued1986en_US
dc.identifier.citationProduction And Inventory Management Washington, D.C., 1986, v. 27 n. 4, p. 89-101en_US
dc.identifier.issn0032-9843en_US
dc.identifier.urihttp://hdl.handle.net/10722/177833-
dc.description.abstractFor improving and controlling cost-estimation performance, one systematically collects the percentage discrepancies (%Ds) of cost estimates with respect to each process handled by each estimator. The means and the standard deviations of these are recognized to be convenient quantitative indicators of performance, and are used to guide and to monitor the estimators' efforts in improving their estimating skills. These quantitative indicators also enable the management to identify the most suitable personnel for preparing the cost estimates of critical job orders.en_US
dc.languageengen_US
dc.relation.ispartofProduction and inventory management Washington, D.C.en_US
dc.titleSystem for improving the accuracy of cost estimatesen_US
dc.typeArticleen_US
dc.identifier.emailLau, Amy HingLing: ahlau@business.hku.hken_US
dc.identifier.authorityLau, Amy HingLing=rp01072en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.scopuseid_2-s2.0-0022873994en_US
dc.identifier.volume27en_US
dc.identifier.issue4en_US
dc.identifier.spage89en_US
dc.identifier.epage101en_US
dc.identifier.scopusauthoridLau, Amy HingLing=7202626080en_US
dc.identifier.scopusauthoridLau, HonShiang=7201497264en_US

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