Cost Risk Analysis Standards

Keywords cost risk analysis systematic simulation pearson correlation standard
Standards groups
NASA

Objectives:
Describe a systematic simulation based cost risk analysis approach demonstrating how to model:
CER risk (including factor relationships)
Configuration (cost driver) risk
Correlation (Pearson product moment, not Spearman rank order)
Propose standards to characterize and present the results
Propose what needs to be “published” to bring standardization to Cost Risk analysis independent of the tool(s) selected
Compare Crystal Ball, @Risk, ACE and FRisk to an analytically solved case study and case studies for which no analytical solution is feasible.

Metadata
Date published
2005-04-14
Document type
conference presentation
Pages
40
Defines standard
Replaced/Superseded by document(s)
Cancelled by
Amended by
File MIME type Size (KB) Language Download
3B_-_NASA_Cost_Risk_Analysis_Apr_05_Final_For_Printing_v1_0.ppt application/vnd.ms-powerpoint   2.67 MB English DOWNLOAD!
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Cover images
Author(s)
Alfred Smith, Dr. Shu-Ping Hu
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