Project Management

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Construction Project Management

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Engdaw Admasu Construction Project Manager| Water Works Corporation (WWC) Kombolcha Town, Ethiopia
Quantitative Risk Analysis for Construction Project
Given the contract period as 12 months. How do you analyse the risks quantitatively to estimate the cost and time variables.
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Sherry Abraham Allen, Tx, United States
Review the deliverables and assess the impacts to attributes
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Engdaw Admasu Construction Project Manager| Water Works Corporation (WWC) Kombolcha Town, Ethiopia
Yes, I used this prompt: "Review the deliverables and assess the impacts to attributes." But I used it after the following prompt: "Given the contract period of a construction project as 12 months. How do you analyse the risks quantitatively to estimate the cost and time variables." In fact, the "Review..." prompt shall be use before the "Given the contract..." prompt. The review prompt gives QUALITATIVE RISK ANALYSIS results. It is amazing to see by writing theses prompts in the order I used to test them. The "Given..." prompt is used to perform QUANTITATIVE RISK ANALYSIS. if anyone wants to see the results, i can post them here. Sincerely!!!

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