Article ID: | iaor1993315 |
Country: | United Kingdom |
Volume: | 43 |
Issue: | 3 |
Start Page Number: | 265 |
End Page Number: | 270 |
Publication Date: | Mar 1992 |
Journal: | Journal of the Operational Research Society |
Authors: | Williams T.M. |
Keywords: | risk, statistics: general |
When modelling project networks under uncertainty, there are a variety of probability distributions from which to choose for activity-durations. From experience of risk analysis in practice, this paper offers some conclusions on how many and which parameters should be estimated, and which distributions should be used.