EVALUATION OF THE EFFECT OF QUALITATIVE VARIABLES IN FORECASTING COST ESTIMATE AT COMPLETION OF PROJECTS

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MAHDAVI MAZDEH MOHAMMAD; BAGHERPOUR MORTEZA; SOOFEY POUR AZADEH

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Journal: IRANIAN ELECTRIC INDUSTRY JOURNAL OF QUALITY AND PRODUCTIVITY (IEIJQP) Year:2013 | Volume:1 | Issue:2 Page(s): 29-37

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Title

EVALUATION OF THE EFFECT OF QUALITATIVE VARIABLES IN FORECASTING COST ESTIMATE AT COMPLETION OF PROJECTS

Author(s)

MAHDAVI MAZDEH MOHAMMAD | BAGHERPOUR MORTEZA | SOOFEY POUR AZADEH | Issue Writer Certificate

Keywords

COSTQ2

EARNED VALUE MANAGEMENTQ3

ESTIMATE AT COMPLETIONQ3

PERFORMANCEQ2

PROJECT MONITORINGQ3

FORECASTINGQ2

Abstract

Accurate FORECASTING of an ongoing project COST is a major issue in PROJECT MONITORING. One of the challenges faced by project managers is selection of the most accurate COST ESTIMATE AT COMPLETION (EAC) method to improve tracking their projects. To assist in the task, this research considers the effect of some qualitative variables such as delay in payment, weather condition and material availability in the model. Besides, two FORECASTING algorithm sare presented to obtain more accurate solutions.The model is successfully implemented through a case study. The results for models are shown to be sufficiently reliable for general application of the FORECASTING method.

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APA: Copy

MAHDAVI MAZDEH, MOHAMMAD, BAGHERPOUR, MORTEZA, & SOOFEY POUR, AZADEH. (2013). EVALUATION OF THE EFFECT OF QUALITATIVE VARIABLES IN FORECASTING COST ESTIMATE AT COMPLETION OF PROJECTS. IRANIAN ELECTRIC INDUSTRY JOURNAL OF QUALITY AND PRODUCTIVITY (IEIJQP), 1(2), 29-37. SID. https://sid.ir/paper/226179/en

Vancouver: Copy

MAHDAVI MAZDEH MOHAMMAD, BAGHERPOUR MORTEZA, SOOFEY POUR AZADEH. EVALUATION OF THE EFFECT OF QUALITATIVE VARIABLES IN FORECASTING COST ESTIMATE AT COMPLETION OF PROJECTS. IRANIAN ELECTRIC INDUSTRY JOURNAL OF QUALITY AND PRODUCTIVITY (IEIJQP)[Internet]. 2013;1(2):29-37. Available from: https://sid.ir/paper/226179/en

IEEE: Copy

MOHAMMAD MAHDAVI MAZDEH, MORTEZA BAGHERPOUR, and AZADEH SOOFEY POUR, “EVALUATION OF THE EFFECT OF QUALITATIVE VARIABLES IN FORECASTING COST ESTIMATE AT COMPLETION OF PROJECTS,” IRANIAN ELECTRIC INDUSTRY JOURNAL OF QUALITY AND PRODUCTIVITY (IEIJQP), vol. 1, no. 2, pp. 29–37, 2013, [Online]. Available: https://sid.ir/paper/226179/en

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