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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

Author

E. Ahyudanari

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Open access Aug 2026

A Risk-Based Decision Framework for Selecting Owner Estimate Percentiles in EPC Projects Using Monte Carlo Simulation and PROMETHEE II

Owner Estimate (OE) determination in Engineering, Procurement, and Construction (EPC) projects remains a challenging process due to high levels of uncertainty arising from technical complexity, market fluctuations, incomplete information, and project-specific risks. Although Monte Carlo Simulation (MCS) can generate pr...

Jannatul Arif, E. Ahyudanari · 0 citations

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