Skitmore, Martin; Cheung, Franco K. T. - In: Construction Management and Economics 25 (2007) 5, pp. 449-465
Typical measures of goodness of construction price forecasts are the mean and standard deviation, coefficient of variation and root mean square of the deviations between forecasted and actual values. This can only be valid, however, if the pain, or loss, incurred as a result of such deviations...
