Monte Carlo simulation approach to life cycle cost management

Structure and Infrastructure Engineering

Volumn 8, Issue 8, 2012, Pages 739-746

  Wang, Nannan ^a   Chang, Yen Chiang ^a   El Sheikh, Ahmed A ^b  

^a SHANDONG UNIVERSITY   (China)

^b Ernst and Young Global Ltd   (United Kingdom)

Author keywords

cost management; cost significant items; life cycle costing; Monte Carlo simulation; risk management

Indexed keywords

BUILDING ELEMENT; BUILDING PROJECTS; COST CONTROLS; COST ITEMS; COST MANAGEMENT; COST MODELS; DECISION MAKERS; LIFE CYCLE COST MODEL; LIFE CYCLE COSTING; LIFECYCLE COSTS; MONTE CARLO SIMULATION; MONTE CARLO SIMULATION METHODS; PUBLIC PRIVATE PARTNERSHIPS; QUANTITATIVE RISK ASSESSMENT; REPLACEMENT COSTS; SCHOOL PROJECT; SIMULATION APPROACH; SIMULATION MODEL;

COMPUTER SIMULATION; CONSTRUCTION INDUSTRY; COST ACCOUNTING; COST EFFECTIVENESS; COSTS; LIFE CYCLE; MONTE CARLO METHODS; PUBLIC RISKS; RISK MANAGEMENT; RISK PERCEPTION;

COST BENEFIT ANALYSIS;

EID: 84859647452     PISSN: 15732479     EISSN: 17448980     Source Type: Journal    
DOI: 10.1080/15732479.2010.481304     Document Type: Article

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