The implementation of the Norwegian Governmental Project Risk Assessment scheme
Based on these findings it is pertinent to ask what went wrong in the implementation of QA2. The idea is sound, but the result is somewhat disappointing.
Based on these findings it is pertinent to ask what went wrong in the implementation of QA2. The idea is sound, but the result is somewhat disappointing.
The objectives of the project scheduling are to determine the earliest start and finish of each task in the project.
The aim is to be able to complete the project as early as possible and to calculate the likelihood that the project will be completed within a certain time frame.
Large public sector investment projects in Norway have to go through an established methodology for quality assurance.
As levers of financial performance, none is more important than working capital. The viability of every business activity rests on daily changes in receivables, inventory, and payables …
The introduction of uncertain supply has shown that profit can still be maximized however the profit will be reduced by increased costs both in lost sales and in excess inventory. But most important, profit variability will increase raising issues of possible other strategies.
We have thus shown through Monte-Carlo simulations, that the benefits of pooling will increase with the number of locations and that the benefits of risk pooling can be calculated without knowing the closed form of the demand distribution.