Practical Schedule Risk Analysis and Integrated Cost-Schedule Risk Analysis

1st Edition

David Hulett

Routledge
Published July 28, 2011
Reference - 480 Pages
ISBN 9781409437673 - CAT# Y240586

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Summary

This two volume collection of David Hulett's Practical Schedule Risk Analysis and Integrated Cost-Schedule Risk Analysis provides a rigorous and detailed guide for the project risk specialist to two of the three key elements of the project triangle: time and cost. Project managers tend to believe their estimates - whether they have exceeded budgets or run overtime in the past or not. Project risks come from multiple sources including uncertain project duration, which is often ignored in cost risk analyses. In short, experience shows that cost and schedule estimating on projects is rarely successful - cost overruns routinely occur. Practical Schedule Risk Analysis contains a complete treatment of schedule risk analysis from basic to advanced concepts. Integrated Cost-Schedule Risk Analysis focuses on the way that schedule risk can generate cost risk, and how to handle this relationship. It also applies the Risk Driver Method to the analysis so that you can clearly and transparently identify the key risks, rather than just the most risky cost line items. With detailed worked examples and copious illustrations, this two-volume set offers the definitive guide to these critically important aspects of project management from surely the world's leading commentator.

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