Project Risk Quantification
Title | Project Risk Quantification PDF eBook |
Author | John K. Hollmann |
Publisher | |
Pages | 416 |
Release | 2016-06-28 |
Genre | |
ISBN | 9781941075029 |
Project Risk Quantification presents the most practical, realistic, and integrated approach to project cost and schedule Risk Quantification that is available today. It offers proven, empirically-valid methods and tools applicable to projects of all types and at all decision gates. The text is written for both the manager and the risk analysis practitioner. It will bring reliable accuracy and contingency determination to your capital project organization.
Integrated Cost-Schedule Risk Analysis
Title | Integrated Cost-Schedule Risk Analysis PDF eBook |
Author | Dr David Hulett |
Publisher | Gower Publishing, Ltd. |
Pages | 241 |
Release | 2012-09-28 |
Genre | Business & Economics |
ISBN | 1409459101 |
Project managers tend to believe their cost estimates - whether they have exceeded budgets in the past or not. It is dangerous to accept the engineering cost estimates, which are often optimistic or unrealistic. Though cost estimates incorporate contingency reserves below-the-line, these estimates of reserves often do not benefit from a rigorous assessment of risk to project costs. Risks to cost come from multiple sources including uncertain project duration, which is often ignored in cost risk analyses. In short, experience shows that cost estimating on projects is rarely successful - cost overruns routinely occur. There are effective ways to estimate the impact on the cost of complex projects from project risks of all types, including traditional cost-type risks and the indirect but often substantial impact from risks usually thought of as affecting project schedules. Integrated cost-schedule risk anlaysis helps us determine how likely the project will go over budget with the current plan, how much contingency reserve is required to achieve a desired level of certainty, and which risks are most important so the project manager can mitigate them and achieve a better result. Integrated Cost-Schedule Risk Analysis provides solutions for these and other challenges. This book follows on from David Hulett's highly-praised Practical Schedule Risk Analysis. It focuses on the way that schedule risk can generate cost risk, and how to handle this relationship. It also applies the Risk Driver Method to the analysis so that you can clearly and transparently identify the key risks, rather than just the most risky cost line items. With detailed worked examples and over 70 illustrations, Integrated Cost-Schedule Risk Analysis offers the definitive guide to this critically important aspect of project management from surely the world's leading commentator.
Risk Analysis
Title | Risk Analysis PDF eBook |
Author | David Vose |
Publisher | John Wiley & Sons |
Pages | 754 |
Release | 2008-04-28 |
Genre | Business & Economics |
ISBN | 0470512849 |
Risk Analysis concerns itself with the quantification of risk, the modeling of identified risks and how to make decisions from those models. Quantitative risk analysis (QRA) using Monte Carlo simulation offers a powerful and precise method for dealing with the uncertainty and variability of a problem. By providing the building blocks the author guides the reader through the necessary steps to produce an accurate risk analysis model and offers general and specific techniques to cope with most modeling problems. A wide range of solved problems is used to illustrate these techniques and how they can be used together to solve otherwise complex problems.
Probabilistic Risk Analysis
Title | Probabilistic Risk Analysis PDF eBook |
Author | Tim Bedford |
Publisher | Cambridge University Press |
Pages | 228 |
Release | 2001-04-30 |
Genre | Mathematics |
ISBN | 9780521773201 |
A graduate level textbook on probabilistic risk analysis, aimed at statisticians, operations researchers and engineers.
Megaproject Risk Analysis and Simulation
Title | Megaproject Risk Analysis and Simulation PDF eBook |
Author | Prince Boateng |
Publisher | Emerald Group Publishing |
Pages | 371 |
Release | 2017-04-28 |
Genre | Business & Economics |
ISBN | 1787143015 |
Providing new knowledge on risk analysis and simulation for megaprojects, this book is essential reading for both academics and practitioners. Its focus is on technical descriptions of a newly developed dynamic systems approach to megaproject risk analysis and simulation.
Proactive Risk Management
Title | Proactive Risk Management PDF eBook |
Author | Guy M. Merritt |
Publisher | CRC Press |
Pages | 250 |
Release | 2020-10-28 |
Genre | Business & Economics |
ISBN | 1482278227 |
Listed as one of the 30 Best Business Books of 2002 by Executive Book Summaries. Proactive Risk Management's unique approach provides a model of risk that is scalable to any size project or program and easily deployable into any product development or project management life cycle. It offers methods for identifying drivers (causes) of risks so you can manage root causes rather than the symptoms of risks. Providing you with an appropriate quantification of the key factors of a risk allows you to prioritize those risks without introducing errors that render the numbers meaningless. This book stands apart from much of the literature on project risk management in its practical, easy-to-use, fact-based approach to managing all of the risks associated with a project. The depth of actual how-to information and techniques provided here is not available anywhere else.
Guidelines for Chemical Process Quantitative Risk Analysis
Title | Guidelines for Chemical Process Quantitative Risk Analysis PDF eBook |
Author | CCPS (Center for Chemical Process Safety) |
Publisher | John Wiley & Sons |
Pages | 784 |
Release | 2010-08-27 |
Genre | Technology & Engineering |
ISBN | 0470935413 |
Chemical process quantitative risk analysis (CPQRA) as applied to the CPI was first fully described in the first edition of this CCPS Guidelines book. This second edition is packed with information reflecting advances in this evolving methodology, and includes worked examples on a CD-ROM. CPQRA is used to identify incident scenarios and evaluate their risk by defining the probability of failure, the various consequences and the potential impact of those consequences. It is an invaluable methodology to evaluate these when qualitative analysis cannot provide adequate understanding and when more information is needed for risk management. This technique provides a means to evaluate acute hazards and alternative risk reduction strategies, and identify areas for cost-effective risk reduction. There are no simple answers when complex issues are concerned, but CPQRA2 offers a cogent, well-illustrated guide to applying these risk-analysis techniques, particularly to risk control studies. Special Details: Includes CD-ROM with example problems worked using Excel and Quattro Pro. For use with Windows 95, 98, and NT.