Supply chains are constantly exposed to various risks. An incident or uncertain event, which has positive or negative effect on the objectives of a project, is called a risk. According to this identification, analysis and prioritization of risks may have a significant role in the success of the project. The purpose of risk management is to reduce the risks of non-achievement of these object...

monte carlo simulation is a standard technique for project risk analysis. however, some assumptions of this technique are not reasonable in real world. when a project falls behind the schedule, managers take actions to improve the performance. nevertheless, most of the simulation models as monte carlo omit these reactions in their analysis, which results in unreasonable wide distributions or ev...

each year many large scale national projects face execution problems. in this regard, riskmanagement can play a significant role in identifying and taking proper measures. in this research,using project management body of knowledge (pmbok), a risk management procedure has beendesigned and implemented in transmission and high distribution power lines of khorasan regionalelectric company. first, ...

Background of the situation This project came about because NASA needed an independent cost, schedule and risk assessment of a proposed system. This proposed system was an update to an existing system, which was primarily a hardware system with a small amount of software. The proposed configuration used some of the existing hardware, but some of the hardware would be modified while other hardwa...

More than 10% of the German gross domestic product is spent on health related services every year a good proportion of these funds allocated to information technology (IT). A review of the literature reveals that IT in hospitals is a vastly under researched area, although anecdotal evidence reveals that the efficiency of IT usage in German hospitals offers room for improvement. Therefore we ask...