Abstract
A method is described which attempts to provide a practical way of building up an estimate which will be exceeded with a calculated probability. The stakes are high in a large project but a statistically rigorous method would be impossibly complex for projects with a large number of risks to consider. The method described is a compromise between precision and practicability. It follows the spirit of a full probability treatment but is appropriate to the level of reliability in the subjective evaluations of risk which form a large part of the input to any method of risk analysis.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
