One statement that can confidently be made about any transport project is that the costs and benefits are uncertain. An important question is 'how uncertain'? By analyzing the risk and uncertainty which surrounds the project the probability of a poor outcome can be assessed. In addition, it is often possible to identify ways in which the project can be made more robust, and to ensure that the risks that remain are well managed. Risk and uncertainty...
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INFORMATION
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2005/01/01
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Fiche
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33928
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1
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1
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2010/07/01
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Disclosed
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Risk and uncertainty analysis
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acceptable rate of return
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