Risk-Based Project Decisions in Situations of High Complexity and Deep Uncertainty (eBook, PDF)

Risk-Based Project Decisions in Situations of High Complexity and Deep Uncertainty (eBook, PDF)

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This book integrates for readers three areas of knowledge, pertaining to risk-based project decision making: project risk management (PRM), complexity theory, and decision-making under deep uncertainty (DMDU). Readers will appreciate that in practice, too often relevant complexity and uncertainty factors are either ignored or overlooked resulting in epic project failures. The author discusses a variety of methodologies and a decision-tree-type framework to determine why, when and how particular methodologies should be applied to ensure project success. These include nonlinear Monte Carlo techn...

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