Risk Analysis for Large Projects: Models, Methods, and Cases

Offers both a theoretical and practical view of risk analysis for large projects. Through models and case studies, the book examines the concepts of risk and uncertainty and demonstrates that there is no all-purpose model that applies to all situations. Considers what risk analysis is, the nature of the risk engineering approach, where risk analysis might be necessary, and some of the benefits gained from its use. The controlled interval and memory models are described and developed in detail, with practical examples of their use.