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Risk Assessment and Decision Making in Business and Industry: A Practical Guide, Second Edition

Risk Assessment and Decision Making in Business and Industry: A Practical Guide, Second Edition

Paperback

Investing & FinanceManagementProbability & Statistics

ISBN10: 0367393158
ISBN13: 9780367393151
Publisher: Crc Pr Inc
Published: Sep 25 2019
Pages: 350
Weight: 1.10
Height: 0.80 Width: 6.10 Depth: 9.10
Language: English
Risk Assessment and Decision-Making in Business and Industry: A Practical Guide, Second Edition addresses the many aspects of risk/uncertainty process implementation. It covers four broad aspects of R/U: general concepts; implementation processes; technical aspects; and examples of application. Each section provides practical guidance, combining technical information with advice on how to implement R/U techniques and processes in real-world corporate environments. The book describes the two main probabilistic measures of project value: Expected Value of Success and the Expected Value for the Portfolio. The text clearly demonstrates how these metrics are used in individual-project and portfolio management.

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Investing & Finance