The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

Kernel density estimation (KDE) and nonparametric methods form a cornerstone of contemporary statistical analysis. Unlike parametric approaches that assume a specific functional form for the ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

The terms Agile and estimations don't align perfectly. Agile is all about responding to change rather than following a plan, while accurate estimations require a fixed plan that doesn't change. It's a ...

Researchers propose a new method to generate meteorological data that takes into account the interdependence of meteorological factors, such as temperature, humidity, and solar radiation. Due to the ...

Electric vehicles (EVs) have emerged as a promising trend for future development. Serving as the core energy source for EVs, lithium-ion batteries offer advantages. Accurate SoC estimation is vital ...

It's difficult to plan your future sales and success if you don't have any idea what the appetite is in the marketplace for your goods and services. Although there is no perfect way of predicting what ...

Imagine you're cooking a new recipe. You have the ingredients, the instructions and the tools. Yet, as you cook, you run into problems: some ingredients need more prep time, the oven heats unevenly ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

MIT researchers developed a method that generates more accurate uncertainty measures for certain types of estimation. This could help improve the reliability of data analyses in areas like economics, ...

Determining blood loss at the scene of trauma can be critical to successful patient treatment. Health care workers such as emergency medical technicians have used visual estimation, which can be ...