Determination of resource consumption

A computer implemented method for determining consumption of resources, the method comprising:

• providing a predicted resource consumption for a current cycle of a meter to be read to a meter reading device for displaying the predicted resource consumption to a meter reading personnel;
• receiving an observed resource consumption of the current cycle, wherein the observed resource consumption is indicative of the resource consumption displayed by the meter;
• and
• analysing the observed resource consumption with respect to the predicted resource consumption based on predefined acceptance criterion, in real time to determine an actual consumption of resources.

A non-transitory computer-readable medium having embodied thereon a computer readable program code for executing a method for determining consumption of resources, the method comprising:

• providing a predicted resource consumption for a current cycle of a meter to be read, to a meter reading device for displaying the predicted resource consumption to a meter reading personnel;
• receiving an observed resource consumption of the current cycle, wherein the observed resource consumption is indicative of the resource consumption displayed by the meter;
• and
• determining an actual consumption of resources for the current cycle based on an analysis of at least the observed resource consumption, and the predicted resource consumption.