• DocumentCode
    679686
  • Title

    Successful implemented theories for reference class forecasting in industrial field

  • Author

    Benta, Dan ; Rusu, Lucia ; Podean, Marius Ioan

  • Author_Institution
    Faculty of Economics and Business Administration, Babeş-Bolyai University of Cluj-Napoca, Cluj-Napoca, Romania
  • fYear
    2011
  • fDate
    18-21 July 2011
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Risk management process integration in project management plans is necessary to succeed in complex projects. We structured our work in a conceptual background section and in our approach and results section for a correct state of the problem and clearly present our implementation. The aim of this paper is to present a deep literature review in terms of risk management roots and Reference Class Forecasting theories. Results and analyzes from our industrial field are presented. This paper is the result of collaboration between university and industrial field.
  • Keywords
    Delays; Economics; Forecasting; Risk management; Standards; Training; Implementation; Prospect theory; Reference Class Forecasting; Risk management; Utility function;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    e-Business (ICE-B), 2011 Proceedings of the International Conference on
  • Conference_Location
    Seville, Spain
  • Type

    conf

  • Filename
    6731089