Conference SENATIK STT Adisutjipto Yogyakarta
Vol 4 (2018): Transformasi Teknologi untuk Mendukung Ketahanan Nasional [ ISBN 978-602-52742-0-6 ]

Optimistic Bias in Time and Cost Estimation for Solar Power Plant Project

Utomo, Bagus Wahyu (Unknown)



Article Info

Publish Date
28 Nov 2018

Abstract

Industrial environment has seen from the ability of company to meet the high requirements and expectations from consumers on quality, cost, and processing time. Experienced estimators on project tend to underestimate or pesimistic bias when assessing when project will be completed or how much it will cost for the project. Purpose of this study is to identify whether optimistic biases influence project estimation and submit proposal intervention. This study use a solar power plant project as a case study. Respondents in this study were employees of an EPC company that was categorized as a novice and expert. Optimistic bias occur on the accuracy of time and the cost of the respondent. In general, the accuracy of expert respondents in estimating project time and costs is more accurate than respondent novice. Intervention in this study is when estimating project time and costs should be carried out by expert category estimator.

Copyrights © 2018






Journal Info

Abbrev

senatik

Publisher

Subject

Aerospace Engineering Computer Science & IT Electrical & Electronics Engineering Industrial & Manufacturing Engineering Mechanical Engineering

Description

SENATIK merupakan jurnal proceeding seminar nasional teknologi informasi dan kedirgantaraan yang dikelola Pusat Penelitian,dan Pengabdian kepada Masyarakat (P3M) Sekolah Tinggi Teknologi Adisutjipto Yogyakarta. Jurnal ini diterbitkan dalam jangka waktu setahun sekali, dalam bentuk off line/ buku ...