The Application of Monte Carlo Simulation in Present Earning Value Method — Case Study of a Medium Hydropower Station
2013 ◽
Vol 732-733
◽
pp. 731-737
Keyword(s):
Processing the parameters overly simplistic will leave space for overestimating or underestimating artificially when we assess the assets of medium and small hydropower stations using present earning value method. And absolute assumptions often affect the adequacy of the assessment results, also the persuasive and credibility. Monte Carlo simulation can determine the wave of parameters in present earning value method, so as to improve the persuasion and credibility of assessment results and reduce the personnel control.
2014 ◽
Vol 10
(1)
◽
2014 ◽
Vol 12
(3)
◽
pp. 307-315
◽
2014 ◽
Vol 580-583
◽
pp. 954-957
Keyword(s):