Title :
Predicting the cost of engineering: does intuition help or hinder?
Author :
Busby, J.S. ; Barton, S.C.
Author_Institution :
Sch. of Ind. & Manuf. Sci, Cranfield Univ., Bedford, UK
Abstract :
The authors describe how it is only when one starts to appreciate the persistent bias in many ´objective´ judgements and to rely on written evidence rather than selective memory that one will begin to get to grips with estimating engineering costs.
Keywords :
costing; economics; engineering; management; engineering costs estimation; intuition; management; objective judgements; selective memory; written evidence; Costs; Economics; Engineering; Management;
Journal_Title :
Engineering Management Journal
DOI :
10.1049/em:19960409
