Risk and Change Management in Complex Systems

Project practitioners and decision makers complain that both parametric and Monte Carlo methods fail to produce accurate project duration and cost contingencies in the majority of cases. Apparently, these methods have unacceptably high systematic errors as they miss out critically important components of project risk exposure. In the case of complex projects, the components associated with structural and delivery complexity are often overlooked. Modern Risk Quantification in Complex Projects: Non-linear Monte Carlo and System Dynamics Methodologies zeroes in on the

This book contains all refereed papers accepted during the ninth edition of the conference that took place at the Cité Internationale Universitaire de Paris on December 18-19, 2018. Mastering complex systems requires an integrated understanding of industrial practices as well as sophisticated theoretical techniques and tools. This explains the creation of an annual go-between forum in Paris dedicated to academic researchers & industrial actors working on complex industrial systems architecture, modeling & engineering. These proceedings cover the most recent trends in the emerging

This book gathers the proceedings of the 2017 DepCoS-RELCOMEX, an annual conference series that has been organized by the Department of Computer Engineering at the Faculty of Electronics, Wrocław University of Science and Technology, since 2006. Its mission is to continue the heritage of the other two cycles of events – the RELCOMEX conferences (1977–89) and Microcomputer Schools (1985–95) – so this year we can celebrate the 40th anniversary of its origins. In contrast to those preceding series, which were focused on conventional reliability analysis,

DepCoS – RELCOMEX is an annual series of conferences organized by Wrocław University of Technology to promote a comprehensive approach to evaluation of system performability which is now commonly called dependability. In contrast to classic analyses which were concentrated on reliability of technical resources and structures built from them, dependability is based on multi-disciplinary approach to theory, technology and maintenance of a system considered to be a multifaceted amalgamation of technical, information, organization, software and human (users, administrators, supervisors, etc.)

Innovation, Strategy and Risk in Construction integrates insights from business and government leaders with contemporary research, to help built environment professionals turn serendipity to their own advantage by building greater innovative and adaptive capacity into their operations. Accessible and full of practical examples, the book argues that traditional business strategies which seek to systematise innovation and eliminate uncertainty need to be balanced with more flexible approaches which acknowledge and harness uncertainty. The missing key to innovation, it is argued, is

Dependency and Structure Modelling (DSM) techniques support the management of complexity by focusing attention on the elements of a complex system and how they are related to each other. The DSM perspective can assist in understanding, designing and optimising complex systems – including products, processes and organisations. This volume comprises peer-reviewed papers representing state-of-the-art in DSM research and applications. The papers were presented at the 17th International DSM Conference held in November 2015 in 2015 in Fort Worth (Texas, USA).

Risk assessment is one of the main parts of complex systematic research of natural and man-made hazards and risks together with the concepts of risk analysis, risk management, acceptable risk, and risk reduction. It is considered as the process of making a recommendation on whether existing risks are acceptable and present risk control measures are adequate, and if they are not, whether alternative risk control measures are justified or will be implemented. Risk assessment incorporates the risk analysis and risk

In Risk Analysis of Complex and Uncertain Systems acknowledged risk authority Tony Cox shows all risk practitioners how Quantitative Risk Assessment (QRA) can be used to improve risk management decisions and policies. It develops and illustrates QRA methods for complex and uncertain biological, engineering, and social systems – systems that have behaviors that are just too complex to be modeled accurately in detail with high confidence – and shows how they can be applied to applications including assessing and managing risks from

To many program, project, or construction managers, a complex project seems to be a labyrinth with many hidden dangers. This book is a guide through that labyrinth. It explains best practices and provides insight so they cannot only identify hidden dangers but also effectively manage the construction process to either mitigate or eliminate these risks. The book presents a systems-based approach to construction project management that can facilitate a greater understanding of the complexity inherent in large construction projects and

The 8th session of the annual Organizational Semiotics Workshop held in June 2005 in Toulouse tested ideas from Organizational Semiotics against two issues from space projects on two illustrative cases provided by the Centre National d’Etudes Spatiales (CNES). The twelve chapters of the book are the revised contributions of the workshop on these issues along with general themes of Organizational Semiotics.

Risk management has become a critical part of doing business in the twenty-first century. This book is a collection of material about enterprise risk management, and the role of risk in decision making. Part I introduces the topic of enterprise risk management. Part II presents enterprise risk management from perspectives of finance, accounting, insurance, supply chain operations, and project management. Technology tools are addressed in Part III, including financial models of risk as well as accounting aspects, using data envelopment