Determining the probability of project cost overruns

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Determining the probability of project cost overruns

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

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Bibliographic Details
Main Authors:	Love, Peter, Wang, Xiangyu, Sing, Michael, Tiong, Robert
Format:	Journal Article
Published:	American Society of Civil Engineers 2013
Subjects:	Probability Cost overrun Probability distribution Australia Distribution fitting
Online Access:	http://hdl.handle.net/20.500.11937/41028

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