Risk Analysis: Facilitating and Analysis Guidelines for Capital Expenditure Projects (eBook, ePUB)

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All endeavours involve some element of risk with the success or failure of any particular venture depending on how this element of risk is dealt with. This is no different in the projects environment where the primary key issues dealt with are meeting deadlines (schedule) and cost targets.Very often, risk may be ignored altogether or dealt with in a rather superficial manner, for example adding 'x' % as a contingency amount or allowance onto the estimated cost of the project as a single line item in the cost estimate.Whilst known that the greatest uncertainty rests in the earlier stages of a p...

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