Abstract: Location and scale estimates calculated from project bid data measures the consensus value from among the bidders along with their collective uncertainty about that value. Five robust statistical location and scale estimators ...

Abstract: Consulting engineering is an unusual blend of a profession and a service industry in which engineers are both professionals and businesspeople. In this business, engineers market an intangible product of knowledge, skills, ...

Abstract: A lack of consensus surrounds probability estimates provided by the two leading bid models, one by Friedman and the other by Gates. Each model relies on essentially the same information but arrives at different probabilities ...

Abstract: Partnering is typically defined in one of two ways: by its intended attributes such as trust, mutual goals, long-term commitment; or by the process where partnering is seen as a verb, as in developing a mission statement, ...

Abstract: A method is proposed to evaluate the risk of cost growth in competitively procured construction projects. It uses computer records of past bid data and an inferential statistical technique to simultaneously assign projects ...

Abstract: The evaluation of competitive bids is a difficult process with little objective guidance provided to those who make the decisions to accept or reject bids. A quantitative evaluation method is proposed to utilize a collective ...

Abstract: There is a commonly held perception that the United States is failing to adequately educate its young people, and some would suggest the construction industry is inordinately exposed to educational shortcomings. The validity ...