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Article Scope Management, Scheduling, Cost Management, Earned Value Management 1 October 2016

Project Management Journal

Practical Application and Empirical Evaluation of Reference Class Forecasting for Project Management

By Batselier, Jordy | Vanhoucke, Mario Traditionally, project managers produce cost and time forecasts by predicting the future course of specific events. In contrast, reference class forecasting (RCF) bypasses human judgment by basing…