The effectiveness of accuracy in cost estimation by using monte carlo simulation model / (Record no. 5241)

MARC details
000 -LEADER
fixed length control field 03521ntm a2200265 a 4500
001 - CONTROL NUMBER
control field vtls000083200
003 - CONTROL NUMBER IDENTIFIER
control field KUKTEM
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20251117113234.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 141110t2013 my da f m 000 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number THE0001519(Local)
039 #9 - LEVEL OF BIBLIOGRAPHIC CONTROL AND CODING DETAIL [OBSOLETE]
Level of rules in bibliographic description 201905271042
Level of effort used to assign nonsubject heading access points asmadi
Level of effort used to assign subject headings 201502021038
Level of effort used to assign classification fawwaz
Level of effort used to assign subject headings 201411131335
Level of effort used to assign classification training1
-- 201411101127
-- training1
040 ## - CATALOGING SOURCE
Original cataloging agency UMP
090 ## - LOCALLY ASSIGNED LC-TYPE CALL NUMBER (OCLC); LOCAL CALL NUMBER (RLIN)
Classification number (OCLC) (R) ; Classification number, CALL (RLIN) (NR) HD47.4 .H35 2013 r Bc.
100 0# - MAIN ENTRY--PERSONAL NAME
Personal name Siti Haifullia Ayob
245 14 - TITLE STATEMENT
Title The effectiveness of accuracy in cost estimation by using monte carlo simulation model /
Statement of responsibility, etc. Siti Haifullia Ayob
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Kuantan, Pahang :
Name of publisher, distributor, etc. UMP,
Date of publication, distribution, etc. 2013
300 ## - PHYSICAL DESCRIPTION
Extent xii, 61 p. :
Other physical details ill. (some col.) ;
Dimensions 30 cm. +
Accompanying material 1 CD-ROM
500 ## - GENERAL NOTE
General note Faculty of Engineering Technology
502 ## - DISSERTATION NOTE
Dissertation note Project Paper (Bachelors of Project Management with Honours) -- Universiti Malaysia Pahang – 2013
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc. note Bibliography : p. 47-53
520 3# - SUMMARY, ETC.
Summary, etc. Estimation is a forecast tools which is predict the actual expenses of cost in a project should be. It is made to encourage the client on the progress of activity in each phase of the project that involves cost and also updating the client on the design of the project. This research is focused on time and cost management in a project. The variable that is controlled in this study is cost where as time is set as a fixed variable. Cost estimation in a project can be low, high or accurate. Alternatively, expenses that are involved in a project consist of direct cost and indirect cost. The objective that need to be achieved in this study are to identify factors affecting accurate cost estimation based on literature review studied and to suggest alternative method for cost estimation by using Monte Carlo simulation model. Besides, the problem statement that are discussed in this research are error in manual calculation of cost estimate, lack of experience in providing cost estimates from the new staff, difficulties to adjust the cost estimate for the changes in scope as the project develop and lastly providing estimates under pressure that are lead to inaccurate cost estimation. In order to provide accuracy for project budgeting, previous research has been studied to identify the current issues occurs in project management that are related to cost and time estimate and also the factors affecting accuracy of estimating. The literature review will discuss more on the overview of study of the effectiveness of accuracy cost estimating by using Monte Carlo simulation model. Existing technology and previous model on estimation of cost is discussing in this section. Besides, history of simulation system is also briefly explained. In methodology, the development of simulation process is discussed and the following method such as, company’s report and other sources are used in this study to collect data. Validity and reliability of thus research is also discussed. For finding, the chapter will include the table, distribution graph, calculation and also formula that is used in order to gain the results. In summary, the implication of the study is also included in this chapter. Furthermore, the theoretical and practical implications are discussing in detail to make this research more useful for future user. Limitation of the study is stated in this section so that it will help the future user to know the barriers when conducting this research.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Costs
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Cost effectiveness
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
  Not lost   Not for loan UMPLIB GAMBANG UMPLIB GAMBANG 04/09/2019   HD47.4 .H35 2013 r Bc. 0000090210 04/09/2019 1 04/09/2019 Final Year Report
  Not lost   Not for loan UMPLIB GAMBANG UMPLIB GAMBANG 04/09/2019   CD 8470 | HD47.4 .H35 2013 r Bc. 0000090211 04/09/2019 1 04/09/2019 Final Year Report

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