Concepedia

Bayesian Cost Forecasting

Bayesian Cost Forecasting is a probabilistic forecasting method that integrates prior knowledge and observed data within a Bayesian statistical framework to estimate future costs, distinguishing itself from classical approaches by explicitly accounting for uncertainty and updating predictions as new evidence becomes available.

10

Publications

568

Citations

22

Authors

14

Institutions

Publications per year

2017–2026

1

Parents

Publications

10

A Bayesian Approach to Improve Estimate at Completion in Earned Value Management

Virtual Community of Pathological Anatomy (University of Castilla La Mancha) · 2013 · 159 citations

, , +16

A probabilistic model estimating oil spill clean-up costs – A case study for the Gulf of Finland

Jakub Montewka, Mia Weckström, Pentti Kujala · Marine Pollution Bulletin · 2013 · 84 citations · Full text

, , +17

Combination of Project Cost Forecasts in Earned Value Management

Byung-Cheol Kim, Kenneth F. Reinschmidt · Journal of Construction Engineering and Management · 2011 · 78 citations

, , +16

A Bayesian Approach to Improve Estimate at Completion in Earned Value Management

Franco Caron, Fabrizio Ruggeri, Alessandro Merli · Project Management Journal · 2012 · 58 citations

, , +16

Predicting costs over time using Bayesian Markov chain Monte Carlo methods: an application to early inflammatory polyarthritis

Nicola J. Cooper, Paul C. Lambert, Keith R. Abrams et al. · Health Economics · 2006 · 52 citations

, , +16

1–5 of 10

Authors

22

  1. SL
    Shaochong Lin

    City University of Hong Kong, Hong Kong SAR China

    1 publications · 31 citations

    1

    h-index

  2. PC
    Paul C. Lambert

    University of Leicester, United Kingdom

    1 publications · 52 citations

    1

    h-index

  3. QZ
    Qingpeng Zhang

    City University of Hong Kong, Hong Kong SAR China

    1 publications · 31 citations

    1

    h-index

  4. JL
    Junyan Liu

    Harbin Institute of Technology, China

    1 publications · 15 citations

    1

    h-index

  5. BK
    Byung-Cheol Kim

    Ohio University, United States

    1 publications · 78 citations

    1

    h-index

1–5 of 22

Institutions

14

  1. Ohio University

    Athens, United States

    2 h-index

    3 publications

    188 citations

  2. Hohai University

    Nanjing, China

    1 h-index

    1 publications

    15 citations

  3. Marathon Oil (United States)

    Houston, United States

    1 h-index

    2 publications

    156 citations

  4. University of Leicester

    Leicester, United Kingdom

    1 h-index

    4 publications

    208 citations

  5. UNSW Sydney

    Sydney, Australia

    1 h-index

    1 publications

    15 citations

  6. West China Medical Center of Sichuan University

    Chengdu, China

    1 h-index

    1 publications

    31 citations

  7. Aalto University

    Espoo, Finland

    1 h-index

    3 publications

    252 citations

  8. Politecnico di Milano

    Milan, Italy

    1 h-index

    1 publications

    58 citations

1–8 of 14

Venues

  1. 1

    h-index

  2. Marine Pollution Bulletin

    1 publications · 84 citations

    1

    h-index

  3. Tourism Management

    1 publications · 44 citations

    1

    h-index

  4. Project Management Journal

    1 publications · 58 citations

    1

    h-index

  5. Health Economics

    1 publications · 52 citations

    1

    h-index

1–5