Rbizo.com

Modern risk quantification in complex projects


Foto: Modern risk quantification in complex projects
Rubriek: Textual/Printed/Reference Materials - Boek
Prijs: 93.99
Rating: 0/5
Verzending:
Direct beschikbaar


Inhoudsopgave:

Omschrijving:

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 overlooked characteristics of complex projects. Any mismatches between two fundamental interacting subsystems - a project structure subsystem and a project delivery subsystem - result in non-linear interactions of project risks. Three kinds of the interactions are distinguished - internal risk amplifications stemming from long-term ('chronic') project system issues, knock-on interactions, and risk compounding. Affinities of interacting risks compose dynamic risk patterns supported by a project system. A methodology to factor the patterns into Monte Carlo modelling referred to as non-linear Monte Carlo schedule and cost risk analysis (N-SCRA) is developed and demonstrated. It is capable to forecast project outcomes with high accuracy even in the case of most complex and difficult projects including notorious projects-outliers: it has a much lower systematic error. The power of project system dynamics is uncovered. It can be adopted as an accurate risk quantification methodology in complex projects. Results produced by the system dynamics and the non-linear Monte Carlo methodologies are well-aligned. All built Monte Carlo and system dynamics models are available on the book's companion website.





Beste alternatieven voor u.

Foto:
Social Behavior as Resource Exchange
Rating: 0 / 5 | Prijs: 63.99
This book takes the reader on an exciting journey presenting the development of resource theory of social exchange originated from uriel g foa and edna b foa this groundbreaking theory has inspired and generated a tremendous amount of basic and applied research in various disciplines of psycholog Uiterlijk 5 december in huis .. MEER INFO

Foto:
Global Strategic Management
Rating: 0 / 5 | Prijs: 72.56
Global strategic management reveals how business managers secure competitive advantage and make effective decisions on a global scale core theories are supported by diverse real world examples from international organizations including ikea google and walmart global strategic management 3e prov Uiterlijk 5 december in huis .. MEER INFO

Foto:
Modern Risk Quantification in Complex Projects
Rating: 0 / 5 | Prijs: 103
A modified non linear monte carlo methodology is developed to dramatically increase the accuracy of contingency development in complex project it is achieved through counting of non linear risk interactions in complex projects consistently that have been completely missed out by the traditional met 2 - 3 weken .. MEER INFO




Product specificaties:

Taal: en

Bindwijze: E-book

Oorspronkelijke releasedatum: 16 juli 2020

Ebook Formaat: -20835

Illustraties: Nee

Hoofdauteur: Yuri G. Raydugin

Hoofduitgeverij: Oup Oxford

Lees dit ebook op: Desktop (Mac en Windows)

Lees dit ebook op: Kobo e-reader

Lees dit ebook op: Android (smartphone en tablet)

Lees dit ebook op: iOS (smartphone en tablet)

Lees dit ebook op: Windows (smartphone en tablet)

Studieboek: Ja

EAN: 9780192582652