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

Joseph F. Krupa

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
StatePublished - 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

Publication series

Name21st Annual International Symposium of the International Council on Systems Engineering, INCOSE 2011
Volume1

Other

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

ASJC Scopus subject areas

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

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