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Article Risk Management, Cost Management, Estimating September 1983
Project Management Quarterly
Project reserves
By Murray, John W. | Ramsaur, William F. Project cost estimators have traditionally included in their calculations contingency amounts to cover the unexpected expenses resulting from uncertain risks. But such an approach does not always…
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Article Risk Management, Scheduling, Construction 1 December 1982
Project Management Quarterly
Utilization of Learning Curves in Damage for Delay Claims
By Diekmann, James E. | Horn, D. L. | O'Connor, M. H. Delays on construction projects are caused by many reasons. When those delays are caused by the owner, it is often the contractor who is most susceptible to financial loss: Contractors are often not…
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Article Risk Management, Estimating December 1978
Project Management Quarterly
Contingency
By Carrier, K. C. Traditionally, project contingencies were based on past projects. Only recently has the field introduced comprehensive statistical techniques to quantify the uncertainty of project estimates. This…
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Article Decision Making, Risk Management, Stakeholder Engagement 1 September 1977
Project Management Quarterly
Project assessment
By Pekar, Peter P. When it comes to making capital investment decisions, too many firms continue to use outdated methods that imprecisely estimate the benefits and the risks of such investments. This article examines…
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Article Risk Management, Decision Making December 1974
Project Management Quarterly
Risk taking and the decision making process
By Adams, John R. Managing projects means making decisions about the potential and the actual risks that can occur and that can detrimentally affect performance and outcomes. Such decisions, however, vary from…
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