Image from Google Jackets

Monte Carlo analysis: ten years of experience

By: Series: Cost Engineering ; 43(6) June 2001, 40-45(6)Publication details: 2001Subject(s): Summary: Uses actual project data from 19 projects to demonstrate the validity and effectiveness of the Monte Carlo analysis (MCA) in identifying project risks and opportunities and quantifying contingency. Tables, graphs, references.

Uses actual project data from 19 projects to demonstrate the validity and effectiveness of the Monte Carlo analysis (MCA) in identifying project risks and opportunities and quantifying contingency. Tables, graphs, references.