Abstract
Correlation has long been a part of cost risk analysis. Although some risk management guides have indicated that correlations should be considered in technical and programmatic risk analysis, neither a method to include correlation nor an expected impact has been presented. This paper compares and contrasts the impact of correlation on cost risk and technical and programmatic risk, and presents a proposed methodology for implementation and expected results.
Original language | English (US) |
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Title of host publication | 21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011 |
Pages | 529-537 |
Number of pages | 9 |
Volume | 1 |
State | Published - Dec 1 2011 |
Externally published | Yes |
Event | 21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011 - Denver, CO, United States Duration: Jun 20 2011 → Jun 23 2011 |
Other
Other | 21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011 |
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Country/Territory | United States |
City | Denver, CO |
Period | 6/20/11 → 6/23/11 |
ASJC Scopus subject areas
- Hardware and Architecture
- Information Systems
- Control and Systems Engineering