| Article ID: | iaor19901 |
| Country: | United States |
| Volume: | 27 |
| Start Page Number: | 89 |
| End Page Number: | 101 |
| Publication Date: | Feb 1986 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Lau Hon-Shiang, Lau Amy Hing-Ling |
A statistical information system for managing cost estimates in bidding is described. The authors explain how to build a data base on the performance of the estimators and how to process and analyze these data. This permits guiding and monitoring the estimators’ efforts and enables the identification of the most suitable personnel for handling critical cost estimates.