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Beyond probability-impact matrices in project risk management: A quantitative methodology for risk prioritisation

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Beyond probability-impact matrices in project risk management: A quantitative methodology for risk prioritisation

F. Acebes, J. M. González-varona, et al.

Discover a groundbreaking approach to project risk prioritization developed by F. Acebes, J. M. González-Varona, A. López-Paredes, and J. Pajares. This innovative research utilizes Monte Carlo Simulation to provide a quantitative assessment of risks, enabling project managers to effectively allocate resources and focus on critical risks impacting duration and cost.

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