IR280-2: Applying Probabilistic Risk Management in Design and Construction Projects
A comprehensive guide and tool to help organizations implement probabilistic risk analysis. The guide provides an overview of the risk register tool and gives an example of a project that used it. This example walks the user through the typical adoption of probabilistic risk analysis, from identifying risks to interpreting a probability distribution.
Senesi, C., Javernick-Will, A., and Molenaar, K., Furlani, K. and Relyea, C. (2012). "Applying Probabilistic Risk Management in Design and Construction Projects." Implementation Resource, IR280-2, Construction Industry Institute. Austin, TX.
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