PPT-Uncertainty in Cost Estimates

Joseph B Kadane Carnegie Mellon University kadanestatcmuedu Prediction is difficult especially about the future Niels Bohr Robert Storm Peterson Yogi Berra Samuel Goldwyn Mark Twain. Spring 2011. Dr. Gary Gaukler. Demand Uncertainty. How do we come up with our random variable of demand?. Recall naïve method:. Demand Uncertainty. Demand Uncertainty and Forecasting. Using the standard deviation of forecast error:. Rrs. ) and output ocean color data:. a brief review. Stéphane. . Maritorena. – ERI/UCSB. Uncertainties in output products. Ideally, the uncertainties associated with ocean color products should be determined through comparisons with in situ measurements (matchups). John L. Campbell. 1. , Ruth D. Yanai. 2. , Mark B. . Green. 1,3. , Carrie . Rose . Levine. 2. , Mary Beth Adams. 1. , Douglas A. Burns. 4. ,. . Donald C. Buso. 5. , . Mark E. Harmon. 6. , Trevor Keenan. Dr Alasdair Rutherford. University of Stirling. What do we mean by uncertainty?. The simplest way to show uncertainty is the distribution of a variable. But showing all the data doesn’t really summarise. Africa Regional Workshop on the Building of Sustainable National. Greenhouse Gas Inventory Management Systems, and the use of the 2006. IPCC Guidelines for National Greenhouse Gas Inventories. Swakopmund. Brian Clough. 1. , Matt Russell. 1. , Grant Domke. 2. , Chris Woodall. 2. . 2016 Western Mensurationist’s Meeting. 1. University of Minnesota. 2. US Forest Service Northern Research Station. 3 tiered approach for identifying and . According to the . PMBOK. ®. Guide, . Project Cost Management knowledge area includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs to complete the project within the approved budget. Learning Objectives. Reimbursement. Grounds for Reimbursement & the Appropriate Agreements. Partial Reimbursement. Agreements. Filling out an Agreement. Reviewing an Agreement. Extraordinary Cost Agreement. Steven J. Robinson. Acting Director . Utility . & RR, . INDOT. June 8, 2016. Objectives. Reimbursement. Grounds for Reimbursement & the Appropriate Agreements. Partial Reimbursement. Agreements. Matthew L. Harding. District Utility Engineer, INDOT. 3 June 2015. Objectives. Reimbursement. Grounds for Reimbursement & the Appropriate Agreements. Partial Reimbursement. Agreements. Filling out an Agreement. Workshop #57. X. (you are here). . Risk, Uncertainty, and Trouble: Escaping the RUT of Program Instability. Col Brian Shimel, CDFM. Chief, . Financial . Analysis. Air Force Space Command. 2010. . 2. What is Healthcare Transparency?. 3. Healthcare Transparency . . Easy-to-understand information to enable members . to make best fitting and personalized healthcare decisions. Cost of . care. Data. Incorporating Measurement . Uncertainty. V-Dem’s online graphs display uncertainty. Russia:. What does this uncertainty mean?. How does it affect estimates when you use the data?. How can you incorporate the uncertainty into your estimates?. 5. –. 3. Estimating Projects . Estimating. The process of forecasting or approximating the time and cost of completing project deliverables.. The task of balancing expectations of stakeholders and need for control while the project is...