Name: Probability Methods for Cost Uncertainty Analysis By Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)
SKU: 9780824789664
Price: 14.19 USD
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Probability Methods for Cost Uncertainty Analysis Summary

Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective by Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)

A careful blend of theory and practice, this book presents a comprehensive approach to assessing the impact of unplanned events on the cost of engineering complex systems. It illustrates how probability theory is applied to model, measure, and manage risk in the cost of a systems engineering project. The book contains numerous mathematical and professional anecdotes, case studies, results, observations, and interpretations that clarify the challenges in cost risk analysis. It includes references, equations, and illustrations, provides theoretical and applied exercises, and uses examples and case discussions derived from systems engineering projects to describe key concepts.

Probability Methods for Cost Uncertainty Analysis Reviews

"Paul Garvey's new book belongs on the bookshelves of all persons responsible for providing cost estimates of futuristic, high-technology systems at various phases of development and production or for making decisions based on such cost estimates.[It] collects in one handy location all the probabilistic foundations of the new approach to cost estimating.Probability Methods for Cost Uncertainty Analysis will serve the system engineer and cost analyst as both a desk reference and, with its large volume of examples and exercises, a textbook for keeping up to speed (or getting up to speed) on these new procedures." -Stephen A. Book, Ph.D., Distinguished Engineer, Systems Engineering Division, The Aerospace Corporation, Los Angeles, California "Sound theoretical basis, fine-tuned by empirical evidence, and focused like a laser on the application of performing cost risk analysis on complex systemsafter teaching from a collection of papers, I'm delighted to finally find this well-written text." -Daryl J. Hauck, Ph.D. Assistant Professor, Ohio "Paul Garvey has done a tremendous job taking a technical subject and producing a readable, interesting and informative primer. strongly recommend[ed]to all professional cost analysts, both for its readability and its insights....also recommend[ed] to anyone who is in the position of making decisions based on cost estimates." - Phalanx, The Bulletin of Military Operations Research ..."does a very thorough job of explaining probability methods in cost uncertainty analysis in mathematical terms." - International Cost Engineering Council, 2001 "This book focuses on the development of a structured approach to quantifying the uncertainty of cost estimates, backed by a great deal of mathematical rigor." - INCOSE Insight, 2001 Promo Copy

Uncertainty and the Role of Probability in Cost Analysis
Concepts of Probability Theory
Distributions and the Theory of Expectation
Special Distributions for Cost Uncertainty Analysis
Functions of Random Variables and Their Application to Cost Uncertainty Analysis
System Cost Uncertainty Analysis
Modeling Cost and Schedule Uncertainties-An Application of Joint Probability Theory
Epilogue: Considerations and Recommended Practices
Appendix A: Statistical Tables and Related Integrals
Appendix B: The Bivariate Normal-LogNormal Distribution
Appendix C: The Bivariate LogNormal Distribution

Additional information

Sku

CIN0824789660VG

ISBN 13

9780824789664

ISBN 10

0824789660

Title

Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective by Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)

Author

Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)

Condition

Used - Very Good

Binding type

Hardback

Publisher

Taylor & Francis Inc

Year published

2000-01-03

Number of pages

424

Prizes

N/A

Cover note

Book picture is for illustrative purposes only, actual binding, cover or edition may vary.

Note

This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Probability Methods for Cost Uncertainty Analysis Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)

Probability Methods for Cost Uncertainty Analysis by Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)

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Probability Methods for Cost Uncertainty Analysis Summary

Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective by Paul R. Garvey (The MITRE Corporation, Bedford, Massachusetts, USA)

Probability Methods for Cost Uncertainty Analysis Reviews

Table of Contents

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