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Risk analysis using an embedded CPA package

Risk analysis using an embedded CPA package
Risk analysis using an embedded CPA package
This paper presents a method for evaluating risk in projects using a CPA package embedded in a simulation control framework. An implementation on a personal computer and a demonstration example are described. The key new features of this approach are firstly its ability to deal with a wide range of sources of uncertainty, including uncertainties in the network's structure and uncertain resource constraints, and secondly new indices of criticality.
risk analysis, resource management, cpa package, monte-carlo simulation
0263-7863
84-88
Williams, T.M.
fb409365-0027-4db3-b401-58a8c8992639
Williams, T.M.
fb409365-0027-4db3-b401-58a8c8992639

Williams, T.M. (1990) Risk analysis using an embedded CPA package. International Journal of Project Management, 8 (2), 84-88. (doi:10.1016/0263-7863(90)90041-9).

Record type: Article

Abstract

This paper presents a method for evaluating risk in projects using a CPA package embedded in a simulation control framework. An implementation on a personal computer and a demonstration example are described. The key new features of this approach are firstly its ability to deal with a wide range of sources of uncertainty, including uncertainties in the network's structure and uncertain resource constraints, and secondly new indices of criticality.

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More information

Published date: 1990
Keywords: risk analysis, resource management, cpa package, monte-carlo simulation

Identifiers

Local EPrints ID: 36870
URI: http://eprints.soton.ac.uk/id/eprint/36870
ISSN: 0263-7863
PURE UUID: cc74f3ec-6bc7-4895-b54e-d33e782c48d7

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Date deposited: 08 Mar 2007
Last modified: 15 Mar 2024 07:57

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Author: T.M. Williams

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