Exploring Monte Carlo simulation technique for constrution project risk management
(2018)
Presentation / Conference Contribution
Ikediashi, D. I., & Ogwueleka, A. (2018, September). Exploring Monte Carlo simulation technique for constrution project risk management. Presented at Fourth International SEEDS Conference 2018, Dublin, Ireland
This paper aims to examine basic theories and principles of Monte Carlo Simulation (MCS) for analysing construction project risk management. The specific objectives are to review the origin of MSC, examine the basic principles and procedures of the t... Read More about Exploring Monte Carlo simulation technique for constrution project risk management.