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portada Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition
Type
Physical Book
Author
Publisher
Language
English
Pages
528
Format
Hardcover
Dimensions
23.4x15.7x3.3 cm
Weight
0.93 kg.
ISBN13
9781482219753
Edition No.
0002
Categories

Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition

Stephen A. Book (Author) · Paul R. Garvey (Author) · Raymond P. Covert (Author) · CRC Press · Hardcover

Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition - Garvey, Paul R. ; Book, Stephen A. ; Covert, Raymond P.

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Synopsis "Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition"

Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition gives you a thorough grounding in the analytical methods needed for modeling and measuring uncertainty in the cost of engineering systems. This includes the treatment of correlation between the cost of system elements, how to present the analysis to decision-makers, and the use of bivariate probability distributions to capture joint interactions between a system's cost and schedule. Analytical techniques from probability theory are stressed, along with the Monte Carlo simulation method. Numerous examples and case discussions illustrate the practical application of theoretical concepts.While the original chapters from the first edition remain unchanged, this second edition contains new material focusing on the application of theory to problems encountered in practice. Highlights include the use of GERM to build development and production cost estimating relationships as well as the eSBM, which was developed from a need in the community to offer simplified analytical alternatives to advanced probability-based approaches. The book also lists the major technical works of the late Dr. Stephen A. Book, a mathematician and world-renowned cost analyst whose contributions advanced the theory and practice of cost risk analysis.

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