Cost estimation using three point estimates / by E.J. Emond.: D68-15/7-1985E-PDF

"This report describes a method of summing cost estimates to produce a probability distribution for the total cost. The method is well suited for practical use because the calculations are all done by computer and the analyst's input has been reduced to three easily understood estimates for each cost element ... The method is based on the assumption that the uncertainty in a cost element can be adequately described by a triangular distribution"--Introduction, page 2.

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Publication information
Department/Agency Canada. Department of National Defence. Directorate of Mathematics and Statistics, issuing body.
Canada.‏ Department of National Defence. Operational Research and Analysis Establishment, issuing body.
Title Cost estimation using three point estimates / by E.J. Emond.
Series title [ORAE] project report ; PR 303
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) Digitized edition from print [produced by Defence Research and Development Canada].
Includes bibliographical references [page 23].
Publishing information Ottawa, Canada : Department of National Defence, Operational Research and Analysis Establishment, Directorate of Mathematics and Statistics, May 1985.
Author / Contributor Emond, E. J., author.
Description 1 online resource (17, A-2 pages) : illustrations, graphs.
Catalogue number
  • D68-15/7-1985E-PDF
Subject terms Mathematical statistics -- Canada.
Operations research -- Canada.
Military research -- Canada.
Statistique mathématique -- Canada.
Recherche opérationnelle -- Canada.
Recherche militaire -- Canada.
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