Skip to Content (custom)
Member Exclusive

Applying Probabilistic Risk Management in Design and Construction Plenary

Event Date
Jun 30, 2012
Type
Conference Presentation - Plenary
Research Team
RT-280
Slides
12
Topic
Probabilistic Risk Management in Design and Construction Projects
DOCUMENT DETAILS
Abstract
Filters & Tags
Abstract
The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule delays. In order to better understand a project’s risk
Filters & Tags
Best Practice
Research Topic
Probabilistic Risk Management in Design and Construction Projects
Keywords
Risk Management, Risk Register, Capital Projects, Risk Allocation, Risk Identification, Probabalistic Contols, Deterministic Risk Analysis, Probabalistic Approach, Probability, rt280