Modeling Costs and Risk Events in Infrastructure Projects

Presented by

Jose Garcia, Palisade

About this talk

Delays and cost overruns on infrastructure projects are a daily occurrence due to the difficulty in recognizing and estimating the natural uncertainty of their components and unplanned risk events. To keep a project under control it is important to create a risk-adjusted budget, modeling the uncertainty and the impact of risks as the project progresses. In this webinar we will show how to: -Perform a simple risk analysis by modeling the uncertainty of cost components. -Track the impacts of risk events and the effect of mitigating them.

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Palisade Company is the world’s leading provider of risk and decision analysis software solutions for science and industry. Our array of software products and custom services enhance the management experience by combining the latest in cutting-edge technology with over 35 years of analytics experience. Palisade’s unified software platform helps clients increase margins, improve performance, expand market share, and maximize operational efficiencies. We have a very simple mission: to minimize risk while maximizing potential.