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Project Risk Management Entire Ebook

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1000-0001-CC31-00093074

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons

Copyright 2005 John Wiley & Sons


No allowance
p = 0.8

No effect on construction costs

Allowance imposed
p = 0.2

Construction costs increase 30%


(Items 1.6, 1.10, 1.11)

Probability
1
0.8
0.6
0.4
0.2
0
Total project cost ($'000)