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| Name | Quantitative Cost and Schedule Risk Analysis |
| Video Uploader | Video From Gleeym |
| Upload Date | This Video Uploaded At 01-02-2021 02:58:31 |
| Video Discription | \In mega complex project, managing risk is a necessity to ensure that your project is not derailed by unexpected events. The world of construction procurement is a complex one. New processes, regulation, complex supply chain and complicated standards are popping up rapidly, making it difficult for construction companies and even for clients to stay on top for smooth execution. Procurement (including contracts) is a key focus activity, especially the long lead items. Project schedule provides only a deterministic value. What if there is a delay in delivery of Long Lead Items to a site? The distribution graph is showing, there is only a thirty three percent chance to meet the target date. If the anticipated risks occur, then What will happen? Of course, the construction, pre-commissioning, commissioning, and operations will be delayed. It will not only hamper CAPEX, but OPEX will also be impacted. https://www.gleeym.com/2021/01/31/llirisk/ https://www.gleeym.com/product-2/ https://www.gleeym.com/blog/ https://www.gleeym.com/mindmap/ Also visit us https://estore.gleeym.com for animation reuirements rs55a995O7o |
| Category | Education |
| Tags | Construction Procurement | Procurement Strategy | Long Lead Item | Gas Process Facility Construction | Sensitivity Analysis | Monte Carlo Analysis | Procurement Risk | Distribution Graph | Cumulative distribution graph | Quantitative Schedule Risk Analysis | Quantitative Cost Risk Analysis |
