Modern Risk Quantification in Complex Projects
Yuri G Raydugin
Gebundenes Buch

Modern Risk Quantification in Complex Projects

Non-Linear Monte Carlo and System Dynamics Methodologies

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Project practitioners and decision makers complain that both parametric and Monte Carlo methods fail to produce accurate project duration and cost contingencies in majority of cases. Apparently, the referred methods have unacceptably high systematic errors as they miss out critically important components of project risk exposure. In the case of complex projects overlooked are the components associated with structural and delivery complexity. Modern Risk Quantification in Complex Projects: Non-linear Monte Carlo and System Dynamics Methodologies zeroes in on most crucial but systematically over...