Project Risk Quantification 
© Validation Estimating LLC

About.

Project Risk Quantification: i.e., cost and

schedule contingency, management reserves,

escalation and currency exhange.

Experience and industry research have shown that these are the least reliable elements of project plans. Poor analyses result in poor capital investment decision making. You need methods that are practical to apply on every project, at every phase, regardless of the project planning quality. Given the importance of risk quantification to project and program decisions and success, Validation Estimating LLC  has pulled together key information about this practice area in this website. The starting point is The Book! (see cover image)
Note that most of the methods in this book are aligned with Recommended Practices of AACE International  (industry’s best kept secret source of concensus-based how-to guidelines for key Cost Engineering practices.
Project Risk Quantification
© Validation Estimating, LLC

About.

Project Risk Quantification:

i.e., cost and schedule

contingency, management

reserves, escalation and

currency exhange.

Experience and industry research have shown that these are the least reliable elements of project plans. Poor analyses result in poor capital investment decision making. You need methods that are practical to apply on every project, at every phase, regardless of the project planning quality. Given the importance of risk quantification to project and program decisions and success, Validation Estimating LLC has pulled together key information about this practice area in this website. The starting point is The Book! (see cover image)
Note that most of the methods in this book are aligned with Recommended Practices of AACE International (industry’s best kept secret source of concensus-based how-to guidelines for key Cost Engineering practices.