Tsiga, Z;
Emes, M;
Smith, A;
(2017)
Implementation of a risk management simulation tool.
In: CruzCunha, MM and Varajao, JEQ and Rijo, R and Martinho, R and Peppard, J and SanCristobal, JR and Monguet, J, (eds.)
Procedia Computer Science.
(pp. pp. 218-223).
Elsevier
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Abstract
Risk management is an essential part of project management. Proactive management of risk in projects helps increase the success rate of projects and the reduction of potential costs. The paper presents a new tool for implementing the risk management process in projects. The tool allows participants to understand a project further, and to analyse risks in a project using various methods such as risk exposure and Monte Carlo method. From the results of the study, the tool helps in improving the understanding and implementation of risk management in projects. The tool implementation and results are discussed in this paper.
| Type: | Proceedings paper |
|---|---|
| Title: | Implementation of a risk management simulation tool |
| Event: | International Conference on ENTERprise Information Systems (CENTERIS) / International Conference on Project MANagement (ProjMAN) / International Conference on Health and Social Care Information Systems and Technologies (HCist) |
| Location: | Barcelona, SPAIN |
| Dates: | 08 November 2017 - 10 November 2017 |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.procs.2017.11.030 |
| Publisher version: | http://dx.doi.org/10.1016/j.procs.2017.11.030 |
| Language: | English |
| Additional information: | This is an article published under Attribution-NonCommercial-NoDerivatives 4.0 International licence (CC BY-NC-ND 4.0) https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| Keywords: | Science & Technology, Technology, Computer Science, Artificial Intelligence, Information Science & Library Science, Operations Research & Management Science, Computer Science, Risk management, Risk Registers, Risk Simulation, Software project management |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Dept of Space and Climate Physics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10047798 |
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