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Congrats - you are in the Top 25% of Most-View ed on SlideShare. [...]

The Estimated Project Cost Distributions and the Final Project Cost

The growing use of Cost Risk Assessment models in public projects has raised some public concerns about its costs and [...]

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 [...]

Project Management under Uncertainty

The objectives of the project scheduling are to determine the earliest start and finish of each task in the project. [...]

The role of events in simulation modeling

The need for assessing the impact of events with binary outcomes, like loan defaults, occurrence of recessions, etc. arises often [...]

Risk Appetite and the Virtues of the Board

Multiple sources of risk are a fact of life. Only rarely will decisions concerning various risks be neatly separable. Intuitively, [...]

Distinguish between events and estimates

Large public sector investment projects in Norway have to go through an established methodology for quality assurance. [...]

The risk of planes crashing due to volcanic ash

When the Icelandic volcano Eyafjallajøkul had a large eruption in 2010 it lead to closed airspace all over Europe, with [...]

Simulation of balance sheet risk

Which hedging strategy the company is to choose demands knowledge about what covenant is the most at risk. [...]

Hedging the balance sheet

A hedging strategy should be oriented towards hedging the company's market value to build shareholder value ... [...]

Risk tolerance

One of the most important concepts within risk management is risk tolerance.  Without clearly defining risk tolerance it is virtually [...]

The Most Costly Excel Error Ever?

Efficient computing tools are essential for statistical research, consulting, and teaching. Generic packages such as Excel are not sufficient even [...]

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Working Capital Strategy Revisited

As levers of financial performance, none is more important than working capital. The viability of every business activity rests on [...]

Inventory management – Stochastic supply

The introduction of uncertain supply has shown that profit can still be maximized however the profit will be reduced by [...]