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...

A critical look at the risk measurement tool that has repeatedly, and severely, hurt the financial worldThe credit crisis that erupted in 2007 is by no means the only shock to have shaken the financial markets throughout the years. But these market tribulations seem to wreak more havoc than ever...

The valuation of firms is one of the topics that valuation theorists and practitioners have addressed since the early stages of economic sciences. Firm valuations are regularly conducted using discounted cash flow (DCF) models in which expected future cash flows are discounted at...