About MRF Pro
When quantitative risk analysis is performed for project cost contingency in capital project world, discrete risks are often ignored as focuses are often on risky items with the "continuous distribution". Those...
When quantitative risk analysis is performed for project cost contingency in capital project world, discrete risks are often ignored as focuses are often on risky items with the "continuous distribution". Those independent, uncorrelated and rare-event driven risks, however, often than not are the culprits that throw the projects upside down. To compensate and to increase the probability of project success, the Management Reserve Fund hence is generated in addition to project contingency. How to properly capture the effects of those discrete risks and their impacts on projects' outcome, what methodology should be used to document and simulate these types of risks are the combination of arts and sciences. The outcome of the simulation This set of presentation just provides illustrations with real case studies to showcase the methods and techniques for this application.
Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.
Previous Versions
Here you can find the changelog of MRF Pro since it was posted on our website on 2016-12-27 15:36:06.
The latest version is 1.2 and it was updated on 2024-04-22 23:17:49. See below the changes in each version.
MRF Pro version 1.2 Ready for Sale
Updated At: 2016-07-14
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