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How To Learn Cost Risk and Uncertainty Analysis ?

The uncertainty analysis training course covers both theoretical and practical aspects of uncertainty measurements.

Learn Cost Risk and Uncertainty Analysis



Learn how to apply risk and uncertainty analysis into decision making and project management.

Why do you need uncertainty analysis ?


The uncertainty analysis training course will give you a step-by-step training and sufficient knowledge (a combination of information, skills, and tools) about uncertainty estimation that you can perform such assessment in your organization.

Learning opportunities, Learning objectives :

  • Understand the principals of measurement uncertainty calculations
  • Practical measurements performing
  • Importance of uncertainty analysis
  • Various statistical approaches
  • Measurement functions
  • Methods of evaluation uncertainty
  • Sensitivity coefficients
  • Determining effective degree of freedom
  • More…

Course Outline :

It can be tailored based on your needs.

  • Introduction to cost risk and uncertainty
  • Risk and uncertainty cost
  • Schedule risk analysis
  • Initial cost estimates
  • Probability of cost analysis
  • Monte Carlo simulation
  • CER and cost driver uncertainty
  • The correlation effect
  • Schedule risk analysis
  • Phasing the cost estimate
  • Project and case study

Are you interested to learn more ? Visit tonex.com for more information regarding uncertainty analysis training
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