Project Risk Management: Essential Methods for Project Teams and Decision Makers

Index

A

ALARP

assessment methods

‘cargo cult’. See also distance to reality

deterministic qualitative

deterministic quantitative

cost escalation modeling

critical path analysis (CPA)

exchange rate modeling

PERT analysis

questionnaire-based

distance to reality

probabilistic qualitative

probabilistic quantitative. See also Monte Carlo method

burn rates

cost risk analysis

integrated cost and schedule risk analysis

schedule-driven costs

schedule risk analysis

B

baseline

base estimate

base period currency

fixed costs

variable costs

confidence level of

proxy

‘class 4.5’ estimate

‘level 1.5’ schedule

schedule

benchmarking

bias

organizational

psychological

anchoring

cognitive

conscious

double-dipping

hidden agenda

overconfidence

perceptual

red herring

subconscious

window-dressing

bowtie diagram

Brezhnev, Leonid

broiler black swan

brownfield project

Buffet, Warren

C

central limit theorem (CLT)

change management

Churchill, Winston

CO2 sequestration

CO2-EOR

contracting strategy

procurement baseline

request for proposal (RFP)

risk brokering

type of contract

lump sum

reimbursable

unit price

cost escalation

cash flow forecast

composite index

weight coefficient

consumer price index (CPI)

consumer basket

general inflation

inflation

currency exchange rate

interest rates

Global Insight

market imbalances

trade balance

D

dancing

Cossacks of

Gangnam style

Morris

‘ritual’. See also ‘cargo cult’

decision making

informed risk-based

decision tree analysis

with chance events

with controlled options

Delphi ...