Probability Distribution Fitting of Cost Overrun Profiles

The statistical characteristics of cost overruns experienced from contract award in 276 Australian construction and engineering projects were analysed. The skewness and kurtosis values of the cost overruns are computed to determine if the empirical distribution of the data follows a Normal distribut...

Full description

Bibliographic Details
Main Authors: Love, Peter, Sing, Michael, Wang, Xiangyu, Yung, Ping
Other Authors: Paul Chynoweth
Format: Conference Paper
Published: RICS 2012 2012
Online Access:http://hdl.handle.net/20.500.11937/37219