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  • Search: subject:"Decision support modelling"
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Benefit shortfall 1 Cost overrun 1 Decision support modelling 1 Monte Carlo simulation 1 Reference Class Forecasting 1 Transport appraisal 1
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Leleur, Steen 1 Salling, Kim Bang 1
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Transport Policy 1
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Accounting for the inaccuracies in demand forecasts and construction cost estimations in transport project evaluation
Salling, Kim Bang; Leleur, Steen - In: Transport Policy 38 (2015) C, pp. 8-18
For decades researchers have claimed that particularly demand forecasts and construction cost estimations are assigned with/affected by a large degree of uncertainty. Massively, articles, research documents and reports agree that there exists a tendency towards underestimating the costs and...
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