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Posted: March 20th, 2017
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Each question has to be; coherent and cohesive, a minimum of 200 words and you have to cite one sources. This is a Project Risk Get research paper samples and course-specific study resources under homework for you course hero writing service – Manage ment Course
Chapter 16
· 1. Discuss the integration of risk analysis and cost-estimating procedures in the context of quantitative cost analysis for a project.
· 2. Compare the advantages and disadvantages of defining distributions in terms of histograms or ‘smooth’ distribution forms.
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· 3. Discuss the benefits of using spreadsheets and tools like @Risk for quantitative risk modeling.
· 4. Why are dependence and correlation important in quantitative risk models?
· 5. What will determine the amount of detail included in a model?
· 6. What could it mean if a model’s outputs present a different picture from that expected by the project team?
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Chapter 17
· 7. What are the main differences between modelling schedule uncertainty and schedule planning, and what are their implications?
· 8. Discuss three different approaches to building a quantitative schedule risk model, and their advantages and disadvantages.
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