Fachinformationsdienst BAUdigital

A platform for research: civil engineering, architecture and urbanism

    Bayesian Revision of Probability Estimates

    New search for: Damnjanovic, Ivan
    New search for: Reinschmidt, Kenneth

    Abstract In this chapter we introduce Bayesian methods for updating model parameters based on new project-specific data. We provide formal introduction of Bayes theorem to update parameters of probability distributions used in project risk analysis. We discuss examples of updating the probability of arrival of machine breakdown and new change orders using Bayes theorem.

    Access

    Check access
    Check availability in my library
    Order at Subito €

    Access

    Check access
    Check availability in my library
    Order at Subito €

    Page navigation

    Document information
    Similar titles

    Export, share and cite

    Bayesian Revision of Probability Estimates

    New search for: Damnjanovic, Ivan
    New search for: Reinschmidt, Kenneth

    Abstract In this chapter we introduce Bayesian methods for updating model parameters based on new project-specific data. We provide formal introduction of Bayes theorem to update parameters of probability distributions used in project risk analysis. We discuss examples of updating the probability of arrival of machine breakdown and new change orders using Bayes theorem.

    Access

    Check access
    Check availability in my library
    Order at Subito €

    Bayesian Revision of Probability Estimates

    New search for: Damnjanovic, Ivan
    New search for: Reinschmidt, Kenneth

    Abstract In this chapter we introduce Bayesian methods for updating model parameters based on new project-specific data. We provide formal introduction of Bayes theorem to update parameters of probability distributions used in project risk analysis. We discuss examples of updating the probability of arrival of machine breakdown and new change orders using Bayes theorem.

    Access

    Check access
    Check availability in my library
    Order at Subito €

    Access

    Check access
    Check availability in my library
    Order at Subito €

    Page navigation

    Document information
    Similar titles

    Export, share and cite

    Document information
    Title:

    Bayesian Revision of Probability Estimates

    Contributors:

    Damnjanovic, Ivan (author) / Reinschmidt, Kenneth (author)

    Published in:

    Data Analytics for Engineering and Construction Project Risk Management ; 207-233

    Risk, Systems and Decisions

    Publication date:

    2019-05-24

    Size:

    27 pages

    ISBN:

    978-3-030-14251-3 , 978-3-030-14250-6

    ISSN:

    2626-6717 , 2626-6725

    DOI:

    https://doi.org/10.1007/978-3-030-14251-3_10

    Type of media:

    Article/Chapter (Book)

    Type of material:

    Electronic Resource

    Language:

    English

    Keywords:

    Bayes law , Estimation of parameter distribution , Poisson process Engineering , Construction Management , Quality Control, Reliability, Safety and Risk , Project Management

    Similar titles

    Bayesian asymptotic probability estimates of actively controlled structures

    Breitung, K. / Faravelli, L. / International Association for Civil Engineering Reliability and Risk Analysis | British Library Conference Proceedings | 2000

    Bayesian Calibration of Slope Failure Probability

    Cheung, R. W. M. / Tang, W. H. / American Society of Civil Engineers | British Library Conference Proceedings | 2000

    Bayesian Calibration of Slope Failure Probability

    Cheung, Raymond W. M. / Tang, Wilson H. | ASCE | 2000

    Bayesian system identification based on probability logic

    Online Contents | 2010

    Bayesian system identification based on probability logic

    Beck, James L. | Wiley | 2010

    Free access
    Back to top