and cost contingencies in complex projects -- Cost escalation and exchange-rate volatility risk assessment methods -- High …-level overview of simplistic Monte Carlo and parametric risk assessment methods -- Case study 1: applications of a tradition PRM …This book integrates for readers three areas of knowledge, pertaining to risk-based project decision making: project …

ch. 1. Introduction : why conduct risk analysis? -- ch. 2. Cost risk analysis basics : the three-point estimate and an … analytic solution, the method of moments -- ch. 3. What is Monte Carlo simulation and how does it apply to cost risk analysis …? -- ch. 4. Collecting high-quality data on cost risk methods and challenges -- ch. 5. Correlation between common project …