Posts Tagged ‘risk management’

Improving the Odds of Success

Posted by amy.phillips@arcadis-us.com

A structured approach to gambling intended to increase the odds of winning is better known as – a betting strategy.  When talking about betting strategies there are three different categories:  Positive Progression Betting – Your bet is increased each time you win; Insurance Betting Systems – Each time you lose a bet you decrease the amount that [...]


Claims Avoidance and Quantitative Risk Assessment?

Posted by admin

In this day of extreme budgetary challenges and project delays, is there a way to avoid or minimize construction claims? Is there a method by which cost and schedule uncertainty can be identified early and quantified to minimize some if not all of the impact to a project budget and schedule? In a real world, [...]