Data for project risk analyses

✍ Scribed by John A Bowers

• Book ID: 103638756
• Publisher: Elsevier Science
• Year: 1994
• Tongue: English
• Weight: 966 KB
• Volume: 12
• Category: Article
• ISSN: 0263-7863
• DOI: 10.1016/0263-7863(94)90004-3

✦ Synopsis

Numerous techniques are available for the quantitative analysis of project risk, hut without competent data they are worthless. The data may come from a variety of sources, representing experiences of the project team, the organization and the outside world, and in various forms, both qualitative and quantitative. A mechanism for combining these sources into input suitable for a project risk analysis is described: the uncertainty rating. The method is illustrated with an example incorporating features from a number of project risk analyses undertaken by the author.