Keywords:cost risk; cluster analysis; random walk; principal-agent
Publisher:Pasadena, CA : Jet Propulsion Laboratory, National Aeronautics and Space Administration, 2003.
Citation:AIAA Space 2003, Long Beach, CA, September 23, 2003
Abstract:
Project cost risk is the uncertainty in final project cost, contingent on initial budget, requirements and schedule. For a proposed mission, a dynamic simulation model relying for some of its input on a simple risk elicitation is used to identify and quantify systemic cost risk.