REPRESENTATIONS OF UNCERTAINTY

Risk Management

Zaur Ahmadov Project Manager, Sales Solution| IT Baku, Baku, Azerbaijan

What is Representations of uncertainty tool means ? Where is it used? Can you share some examples ? Thanks

Posted: Jul 22, 2020 1:24 PM

Verónica Elizabeth Pozo Ruiz RYLAI Access Control Quito, Pichincha, Ecuador

Representation of uncertainty tool means using a quantitative risk analysis model to reflect individual project risks and other sources of uncertainty. Quantitative risk analysis models include sensitivity analysis, tornado diagrams, expected monetary value analysis, Montecarlo simulation and other modeling techniques.

Posted: Jul 22, 2020 6:16 PM

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REPRESENTATIONS OF UNCERTAINTY

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