Risk and Uncertainty in the Cost Contingency of Transport Projects: Accommodating Bias or Heuristics, or Both?
Peter E. D. LoveLavagnon A. IkaJane MatthewsWeili FangPublished in: IEEE Trans. Engineering Management (2024)
Keyphrases
- risk averse
- risk measures
- search effort
- expected utility
- case study
- uncertain data
- risk management
- high cost
- search algorithm
- measurement error
- cost sensitive
- cost reduction
- decision theory
- optimal planning
- decision making
- cost savings
- heuristic function
- project management
- heuristic search
- software development
- state space
- data sets
- inherent uncertainty