For the m-way contingency table, we consider models that describe the possible multiplicative interactions among the m variables of the table, and we show how to select models that fit the data in the ...

Labour disputes, bad weather, delayed city approvals — there are any number of reasons why a construction project gets delayed. And without proper planning, those delays can be extremely costly.

Turnarounds—also known as planned outages or shutdowns—are major events for refineries and other petrochemical facilities. They typically cost large sums of money to execute. Cost estimates for ...

Companies continually face risks, and prudent companies set aside contingency reserves to cover any costs associated with those risks. Yet when a company isn't certain whether a given event is going ...

Cost contingency The contingency budget is a collection of funds that is included in a cost estimate to cover unforeseen events. In the event of a contingency, someone or something may be needed to ...

When planning a project, a small business must prepare a cost estimate. Companies use cost estimates to determine a project's affordability and decide whether to continue. Cost estimates typically ...