This entry follows on from Part I, describing optimal portfolio selection for portfolios where the expected return and standard deviation are sufficient to describe the decision-makers’ risk profile (i.e. the criteria to be used in deciding what is meant by...
In Part II of this series, we mentioned the existence of an analytic method to calculate the Efficient Frontier of a portfolio. Here we provide the formulas for this method. As for other methods to calculate the Efficient Frontier, this method requires knowledge of...
Sensitivity Analysis Analyze Impacts of Different Variables on Uncertainty Resources Video Brochure Trial Models Prioritize Risks by Ranking their Impacts Analyzing uncertainty, and specifically the key inputs that drive that uncertainty, is at the heart of risk...
Continuing with this series of articles introducing cost estimation with @RISK, we will compare the use of the most popular distributions of this technique: the Triangular and the PERT. We know that cost estimation is one of the most critical parts of project...
