A comparison of correlation in technical and programmatic risk and cost risk

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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 languageEnglish (US)
Title of host publication21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011
Pages529-537
Number of pages9
Volume1
StatePublished - Dec 1 2011
Externally publishedYes
Event21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011 - Denver, CO, United States
Duration: Jun 20 2011Jun 23 2011

Other

Other21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011
CountryUnited States
CityDenver, CO
Period6/20/116/23/11

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ASJC Scopus subject areas

  • Hardware and Architecture
  • Information Systems
  • Control and Systems Engineering

Cite this

Krupa, J. F. (2011). A comparison of correlation in technical and programmatic risk and cost risk. In 21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011 (Vol. 1, pp. 529-537)