Risk Opportunity Uncertainty And Other Random Models

DOWNLOAD

Download Risk Opportunity Uncertainty And Other Random Models PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Risk Opportunity Uncertainty And Other Random Models book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Risk Opportunity Uncertainty And Other Random Models

DOWNLOAD
Author : Alan Jones
language : en
Publisher: Routledge
Release Date : 2018-09-13

Risk Opportunity Uncertainty And Other Random Models written by Alan Jones and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-13 with Business & Economics categories.

Risk, Opportunity, Uncertainty and Other Random Models (Volume V in the Working Guides to Estimating and Forecasting series) goes part way to debunking the myth that research and development cost are somewhat random, as under certain conditions they can be observed to follow a pattern of behaviour referred to as a Norden-Rayleigh Curve, which unfortunately has to be truncated to stop the myth from becoming a reality! However, there is a practical alternative in relation to a particular form of PERT-Beta Curve. However, the major emphasis of this volume is the use of Monte Carlo Simulation as a general technique for narrowing down potential outcomes of multiple interacting variables or cost drivers. Perhaps the most common of these in the evaluation of Risk, Opportunity and Uncertainty. The trouble is that many Monte Carlo Simulation tools are ‘black boxes’ and too few estimators and forecasters really appreciate what is happening inside the ‘black box’. This volume aims to resolve that and offers tips into things that might need to be considered to remove some of the uninformed random input that often creates a misinformed misconception of ‘it must be right!’ Monte Carlo Simulation can be used to model variable determine Critical Paths in a schedule, and is key to modelling Waiting Times and cues with random arisings. Supported by a wealth of figures and tables, this is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering.

Probability Statistics And Other Frightening Stuff

DOWNLOAD
Author : Alan Jones
language : en
Publisher: Routledge
Release Date : 2018-10-09

Probability Statistics And Other Frightening Stuff written by Alan Jones and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-09 with Business & Economics categories.

Probability, Statistics and Other Frightening Stuff (Volume II of the Working Guides to Estimating & Forecasting series) considers many of the commonly used Descriptive Statistics in the world of estimating and forecasting. It considers values that are representative of the ‘middle ground’ (Measures of Central Tendency), and the degree of data scatter (Measures of Dispersion and Shape) around the ‘middle ground’ values. A number of Probability Distributions and where they might be used are discussed, along with some fascinating and useful ‘rules of thumb’ or short-cut properties that estimators and forecasters can exploit in plying their trade. With the help of a ‘Correlation Chicken’, the concept of partial correlation is explained, including how the estimator or forecaster can exploit this in reflecting varying levels of independence and imperfect dependence between an output or predicted value (such as cost) and an input or predictor variable such as size. Under the guise of ‘Tails of the unexpected’ the book concludes with two chapters devoted to Hypothesis Testing (or knowing when to accept or reject the validity of an assumed estimating relationship), and a number of statistically-based tests to help the estimator to decide whether to include or exclude a data point as an ‘outlier’, one that appears not to be representative of that which the estimator is tasked to produce. This is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering.

Alternative Decision Making Models For Financial Portfolio Management Emerging Research And Opportunities

DOWNLOAD
Author : Spaseski, Narela
language : en
Publisher: IGI Global
Release Date : 2017-08-11

Alternative Decision Making Models For Financial Portfolio Management Emerging Research And Opportunities written by Spaseski, Narela and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-11 with Business & Economics categories.

Economics is an integral aspect to every successful society, yet basic financial practices have gone unchanged for decades. Analyzing unconventional finance methods can provide new ways to ensure personal financial futures on an individual level, as well as boosting international economies. Alternative Decision-Making Models for Financial Portfolio Management: Emerging Research and Opportunities is an essential reference source that discusses methods and techniques that make financial administration more efficient for professionals in economic fields. Featuring relevant topics such as mean-variance portfolio theory, decision tree analysis, risk protection strategies, and asset-liability management, this publication is ideal for academicians, students, economists, and researchers that would like to stay current on new and innovative methods to transform the financial realm.

Capturing Upside Risk

DOWNLOAD
Author : David Hillson
language : en
Publisher: CRC Press
Release Date : 2019-06-28

Capturing Upside Risk written by David Hillson and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-28 with Business & Economics categories.

With more than three decades of experience as a thought-leader and expert practitioner, PMI Fellow Dr. David Hillson shares practical insight into how upside risks can be identified, assessed, and managed as opportunities. After reviewing the benefits of identifying opportunities, the book steps through the opportunity identification and management process in detail, describing proven tools and techniques as well as specific tips to make them work in practice. The book places opportunity management in the context of traditional risk management, providing a familiar pathway that leads project managers to discover new benefits and successes. David Hillson is one of the foremost authorities on risk management. With his latest book he presents a strong case for managing opportunities. As with all of David’s books, the style of writing is engaging and easy to understand. There are many nuggets of wisdom in this book, as well as a hands-on approach to leveraging opportunity management as a way of improving project performance. — Cyndi Snyder Dionisio, PMI Fellow, Coronado CA, USA. (Chair of the PMBOK® Guide, Sixth Edition) I enjoyed reading this book, which is precise, clear, logical, and persuasive. The clarity of thought and expression explains why David is such a sought-after speaker. This book is a must-read for project risk practitioners, as well as for project professionals who are serious about addressing all the risks on their project, including the good ones. — Dr Dale Cooper, Cammeray NSW, Australia. (Director, Broadleaf Capital International) At last, a clear and valuable book linking both sides of the coin in risk management: threats and opportunities. David Hillson truly engages the reader on how to deal with these two types of risk in projects, sharing his wisdom and extensive experience in creating value from risk management. Anyone who has to manage risk in real-world projects should read this book to enhance their opportunity management skills. — Professor Salim Al-Harthi, Muscat, Oman. (Director of Risk Management Office, Sultan Qaboos University) It is vital for value creation in business and in life that we consider uncertainties that would have upside impacts on our objectives (opportunities), as well as downside impacts (threats). Business gets confused between opportunities where there is a binary choice to take or not, and true uncertain opportunities that can be seized, or left to chance. David has persevered in helping us understand this and this important book is a must-read for all leaders who want to create value through the proactive management of risk. — Dr Ruth Murray-Webster, Wakefield, UK. (Partner, Beyond the Deal LLP and Editor, APM Body of Knowledge, 7th Edition) As project managers, we always seem to focus on threats, negative risks. David Hillson, one of the foremost thought-leaders on risk management, explains approaches to identify and manage opportunities, positive risks and how this will help achieve project success. As with his previous books, David provides a structured approach with examples, tools, and techniques. An excellent resource for all project managers in today’s world. — Peter Monkhouse, Toronto ON, Canada. (Past Chair PMI Board of Directors)

Increasing Penetration Of Renewable Sources In Power Systems Opportunities And Challenges

DOWNLOAD
Author : Xue Lyu
language : en
Publisher: Frontiers Media SA
Release Date : 2023-04-27

Increasing Penetration Of Renewable Sources In Power Systems Opportunities And Challenges written by Xue Lyu and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-27 with Technology & Engineering categories.

Best Fit Lines Curves

DOWNLOAD
Author : Alan Jones
language : en
Publisher: Routledge
Release Date : 2018-10-09

Best Fit Lines Curves written by Alan Jones and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-09 with Business & Economics categories.

Best Fit Lines and Curves, and Some Mathe-Magical Transformations (Volume III of the Working Guides to Estimating & Forecasting series) concentrates on techniques for finding the Best Fit Line or Curve to some historical data allowing us to interpolate or extrapolate the implied relationship that will underpin our prediction. A range of simple ‘Moving Measures’ are suggested to smooth the underlying trend and quantify the degree of noise or scatter around that trend. The advantages and disadvantages are discussed and a simple way to offset the latent disadvantage of most Moving Measure Techniques is provided. Simple Linear Regression Analysis, a more formal numerical technique that calculates the line of best fit subject to defined ‘goodness of fit’ criteria. Microsoft Excel is used to demonstrate how to decide whether the line of best fit is a good fit, or just a solution in search of some data. These principles are then extended to cover multiple cost drivers, and how we can use them to quantify 3-Point Estimates. With a deft sleight of hand, certain commonly occurring families of non-linear relationships can be transformed mathe-magically into linear formats, allowing us to exploit the powers of Regression Analysis to find the Best Fit Curves. The concludes with an exploration of the ups and downs of seasonal data (Time Series Analysis). Supported by a wealth of figures and tables, this is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering.

Effective Opportunity Management For Projects

DOWNLOAD
Author : David Hillson
language : en
Publisher: CRC Press
Release Date : 2003-11-19

Effective Opportunity Management For Projects written by David Hillson and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-19 with Computers categories.

With step-by-step guidelines, this bestselling reference discusses the management of project opportunities by expanding the traditional risk management process to address opportunities alongside threats. It offers valuable tools and techniques that expose and capture opportunities, minimize threats, and deal with all types of uncertainty in your bu

Understanding Probability

DOWNLOAD
Author : Eshwar Sekhon
language : en
Publisher: Educohack Press
Release Date : 2025-02-20

Understanding Probability written by Eshwar Sekhon and has been published by Educohack Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-02-20 with Science categories.

"Understanding Probability" is an essential guide for students, researchers, and professionals to master the principles and diverse applications of probability theory. We meticulously explore core concepts like sample spaces, events, and probability distributions, and delve into advanced areas such as Bayesian inference, stochastic processes, and decision theory. Written for clarity, each chapter provides insightful explanations supported by real-world examples and practical applications. Our book spans multiple disciplines, including statistics, machine learning, finance, engineering, and operations research, making it a valuable resource for readers from various backgrounds. Numerous exercises and problems reinforce learning and equip readers to apply probability theory to real-world scenarios. "Understanding Probability" is an invaluable resource that deepens your understanding of probability and its crucial role in navigating uncertainties in the world around us.

Risk Analysis Of Complex And Uncertain Systems

DOWNLOAD
Author : Louis Anthony Cox Jr.
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-06-12

Risk Analysis Of Complex And Uncertain Systems written by Louis Anthony Cox Jr. 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 2009-06-12 with Business & Economics categories.

In Risk Analysis of Complex and Uncertain Systems acknowledged risk authority Tony Cox shows all risk practitioners how Quantitative Risk Assessment (QRA) can be used to improve risk management decisions and policies. It develops and illustrates QRA methods for complex and uncertain biological, engineering, and social systems – systems that have behaviors that are just too complex to be modeled accurately in detail with high confidence – and shows how they can be applied to applications including assessing and managing risks from chemical carcinogens, antibiotic resistance, mad cow disease, terrorist attacks, and accidental or deliberate failures in telecommunications network infrastructure. This book was written for a broad range of practitioners, including decision risk analysts, operations researchers and management scientists, quantitative policy analysts, economists, health and safety risk assessors, engineers, and modelers.

Encyclopedia Of Ecology

DOWNLOAD
Author : Brian D. Fath
language : en
Publisher: Elsevier
Release Date : 2018-08-23

Encyclopedia Of Ecology written by Brian D. Fath and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-23 with Science categories.

Encyclopedia of Ecology, Second Edition, Four Volume Set continues the acclaimed work of the previous edition published in 2008. It covers all scales of biological organization, from organisms, to populations, to communities and ecosystems. Laboratory, field, simulation modelling, and theoretical approaches are presented to show how living systems sustain structure and function in space and time. New areas of focus include micro- and macro scales, molecular and genetic ecology, and global ecology (e.g., climate change, earth transformations, ecosystem services, and the food-water-energy nexus) are included. In addition, new, international experts in ecology contribute on a variety of topics. Offers the most broad-ranging and comprehensive resource available in the field of ecology Provides foundational content and suggests further reading Incorporates the expertise of over 500 outstanding investigators in the field of ecology, including top young scientists with both research and teaching experience Includes multimedia resources, such as an Interactive Map Viewer and links to a CSDMS (Community Surface Dynamics Modeling System), an open-source platform for modelers to share and link models dealing with earth system processes