The Ex Ante Risk Assessment in the Project in Interval Analysis Description

The Ex Ante Risk Assessment in the Project in Interval Analysis Description

KOZIEN Ewa and KOZIEN Marek

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Abstract. Ongoing enterprise projects often have a unique and unrepeatable character. Referring to future solutions, their results may be different from their assumptions and aims. The uncertainty and its description is usually the main problem in quantitative risk estimation goals. Mathematical methods for taking into account the impact of uncertainty are based on the following attempts: deterministic with elements of statistical analysis, stochastic, using fuzzy logic and using interval computations. In risk analysis, the following areas of risks are usually taken into account: project milieu, client and contract, suppliers, maturity of the organization, project characteristics and project team. The aim of the paper is the ex ante risk assessment of the project based on six partial risks specified in the scope of project milieu (client, terms and conditions of the contract, suppliers, maturity of an organization, scope of the project, project team) with application of the interval analysis arithmetic for description of uncertainty.

Keywords
Interval Analysis, Risk Assessment, Project

Published online , 5 pages
Copyright © 2020 by the author(s)
Published under license by Materials Research Forum LLC., Millersville PA, USA

Citation: KOZIEN Ewa and KOZIEN Marek, The Ex Ante Risk Assessment in the Project in Interval Analysis Description, Materials Research Proceedings, Vol. 17, pp 31-35, 2020

DOI: https://doi.org/10.21741/9781644901038-5

The article was published as article 5 of the book Terotechnology XI

Content from this work may be used under the terms of the Creative Commons Attribution 3.0 licence. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI.

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