This extended case study describes a cost and schedule risk analysis for a multi-billion dollar resources project. It illustrates: structures for quantitative modelling of cost and schedule, incorporating drivers of uncertainty in quantities, rates and productivities; deriving input data for the models to minimise estimating biases; integrating cost and schedule uncertainty; and sensitivity analysis for better understanding of the effects of uncertainty and the allocation of contingency amounts.
Creating value from uncertainty
Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
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Stephen Grey addressed the Designing Health conference, held on 24-25 October 2016 in Adelaide, on supporting system and service design using methods developed to work with complex systems. His talk focused on narrative based methods and the use of SenseMaker(TM) to enable large scale, geographically dispersed and longitudinal exercises.
Corporate social responsibility (CSR) is a guiding principle of many organisations. The relatively monolithic nature of corporations and regulators contrasts with the diversity often found within communities affected by a business or public sector activity. Those seeking to satisfy their CSR obligations and aspirations need a means of understanding the complex positions of the communities they affect both at key decision points and as it evolves over time.