Risk analysis using an embedded CPA package

Risk analysis using an embedded CPA package

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Article ID: iaor1991157
Country: United Kingdom
Volume: 8
Issue: 2
Start Page Number: 84
End Page Number: 88
Publication Date: May 1990
Journal: International Journal of Project Management
Authors:
Keywords: simulation, risk
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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