Project Risk Quantification
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Project Risk Quantification
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Author : John K. Hollmann
language : en
Publisher:
Release Date : 2016-06-28
Project Risk Quantification written by John K. Hollmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-28 with categories.
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.
Modern Risk Quantification In Complex Projects
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Author : Yuri G. Raydugin
language : en
Publisher:
Release Date : 2020
Modern Risk Quantification In Complex Projects written by Yuri G. Raydugin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Business & Economics categories.
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 methods.
Integrated Cost Schedule Risk Analysis
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Author : Dr David Hulett
language : en
Publisher: Gower Publishing, Ltd.
Release Date : 2012-09-28
Integrated Cost Schedule Risk Analysis written by Dr David Hulett and has been published by Gower Publishing, Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-28 with Business & Economics categories.
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 Assessment
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Author : Edward A. McBean
language : en
Publisher: John Wiley & Sons
Release Date : 2018-07-11
Risk Assessment written by Edward A. McBean and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-07-11 with Science categories.
A guide to the methodologies, typical mathematical notation, and assumptions used in risk assessment calculations Risk Assessment describes the methodologies, the math, and assumptions needed in risk assessment calculations and explores the various statistical analysis procedures that are used for estimating the parameters employed in risk assessment approaches. The author—a noted expert in the field—outlines a logical step-by-step approach to assessment: Identify a hazard; Analyze the risk associated with that hazard; and Determine if the elimination, or control of the risk is warranted. The text puts the focus on assessing environmental risk and describes the basics used in hypothesis testing to determine when there are differences in environmental quality at various locations. The author describes statistical techniques in approachable terms that are designed to be understandable to the non-statistician. The text downplays mathematical notation while offering clear explanations for the development of equations. It highlights applications with numerous examples of problems of censored data as they influence the use of alternative tests. In addition, the text focuses on both parametric and non-parametric procedures. This important resource: Describes in understandable terms the methodologies, typical mathematical notation, and assumptions used in risk assessment calculations Explores the fundamental calculation procedures and approaches for risk characterization Contains a wealth of example problems of interpretations of environmental monitoring results and shows how each procedure is used Includes problems at the end of each chapter that stress the fundamental concepts outlined Written for senior undergraduate and graduate students and as a course text in engineering, Risk Assessment offers a guide to the fundamental calculation procedures and methodologies for characterizing risk in clear and accessible terms.
Project Management For Facility Constructions
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Author : Alberto De Marco
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-03-23
Project Management For Facility Constructions written by Alberto De Marco and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-23 with Technology & Engineering categories.
This book describes concepts, methods and practical techniques for managing projects to develop constructed facilities in the fields of oil & gas, power, infrastructure, architecture and the commercial building industries. It is addressed to a broad range of professionals willing to improve their management skills and designed to help newcomers to the engineering and construction industry understand how to apply project management to field practice. Also, it makes project management disciplines accessible to experts in technical areas of engineering and construction. In education, this text is suitable for undergraduate and graduate classes in architecture, engineering and construction management, as well as for specialist and professional courses in project management.
Risk Analysis
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Author : David Vose
language : en
Publisher: John Wiley & Sons
Release Date : 2008-04-28
Risk Analysis written by David Vose and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-28 with Business & Economics categories.
This book 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.
Measuring And Managing Information Risk
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Author : Jack Freund
language : en
Publisher: Butterworth-Heinemann
Release Date : 2014-08-23
Measuring And Managing Information Risk written by Jack Freund and has been published by Butterworth-Heinemann this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-23 with Computers categories.
Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. - Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. - Carefully balances theory with practical applicability and relevant stories of successful implementation. - Includes examples from a wide variety of businesses and situations presented in an accessible writing style.
The Project Management Question And Answer Book
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Author : Michael Newell
language : en
Publisher: AMACOM
Release Date : 2003-12-10
The Project Management Question And Answer Book written by Michael Newell and has been published by AMACOM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-12-10 with Business & Economics categories.
What is a project charter? How about a work breakdown structure? Do you know the basic steps behind risk quantification? And why is it important to be acquainted with Goldratt's critical chain theory? The Project Management Question and Answer Book is a one-stop reference that both beginning and experienced project managers will use in countless on-the-job situations. Providing the answers to critical questions, from the simplest to the most advanced, the book is arranged to get you the information you need the moment you need it. You'll find helpful explanations of crucial project management issues, including: * Why PM is useful to you and your organization * How to interact with project stakeholders to maximize productivity * How to establish realistic cost, schedule, and scope baselines * What management techniques can be used to motivate teams * What methods you can use for evaluating project team performance Packed with case studies and examples, The Project Management Question and Answer Book is an indispensable guide covering everything from estimates, quality control, and communications, to time-, risk-, and human resource management. It is a practical, constantly usable resource for understanding fundamental project management issues and implementing workable solutions.
Offshore Risk Assessment
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Author : Jan-Erik Vinnem
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Offshore Risk Assessment written by Jan-Erik Vinnem and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Science categories.
Offshore Risk Assessment is the first book to deal with quantified risk assessment (QRA) as applied specifically to offshore installations and operations. Risk assessment techniques have been used for some years in the offshore oil and gas industry, and their use is set to expand increasingly as the industry moves into new areas and faces new challenges in older regions. The book starts with a thorough discussion of risk analysis methodology. Subsequent chapters are devoted to analytical approaches to escalation, escape, evacuation and rescue analysis of safety and emergency systems. Separate chapters analyze the main hazards of offshore structures: Fire, explosion, collision and falling objects. Risk mitigation and control are then discussed, followed by an outline of an alternative approach to risk modelling that focuses especially on the risk of short-duration activities. Not only does the book describe the state of the art of QRA, it also identifies weaknesses and areas that need development. Readership: Besides being a comprehensive reference for academics and students of marine/offshore risk assessment and management, the book should also be owned by professionals in the industry, contractors, suppliers, consultants and regulatory authorities.