RT info:eu-repo/semantics/article
T1 Monte Carlo Simulation for Project Risk Prioritisation
A1 Acebes, Fernando
A1 Curto, David
A1 González-Varona, José Manuel
A1 Pajares, Javier
K1 Probability-Impact Matrix · Quantitative Risk Analysis · Risk Management · Quantitative Risk Analysis · Monte Carlo Simulation · MCSimulRisk
AB Qualitative project risk assessment is standard practice in project management and involves prioritising risks using a probability and impact matrix. Due to the shortcomings of using this tool for risk prioritisation (poor resolution, errors, suboptimal resource allocation or ambiguous inputs and outputs, among others), we propose a quantitative prioritisation of project risks in this article, analysing the impact of each risk on the project’s duration and cost objectives.
PB Springer Nature
SN 2367-4512
YR 2024
FD 2024-04-26
LK https://uvadoc.uva.es/handle/10324/82765
UL https://uvadoc.uva.es/handle/10324/82765
LA spa
NO Proceedings of the 17th International Conference on Industrial Engineering and Industrial Management (ICIEIM) – XXVII Congreso de Ingeniería de Organización (CIO2023). p. 455-460
NO Producción Científica
DS UVaDOC
RD 14-feb-2026