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Statistical Risk Analysis Generates Big Returns.
- Source :
-
ENR: Engineering News-Record . 8/12/2013, Vol. 271 Issue 4, p19-19. 1p. - Publication Year :
- 2013
-
Abstract
- The article looks at the increasing use of statistical risk analysis software by contractors and project owners in order to save costs and time in construction scheduling. A 2012 Construction Industry Institute survey looked at return on investment of statistical risk management spending, types of statistical analysis such as identification, deterministic, and probabilistic, and availability of Monte Carlo simulator software.
Details
- Language :
- English
- ISSN :
- 08919526
- Volume :
- 271
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- ENR: Engineering News-Record
- Publication Type :
- Periodical
- Accession number :
- 89804326