Managing construction time and cost risks using Monte Carlo simulation

Investors in hydropower assets face a high degree of risk in their decision making process. Consequently, investors seek to understand fully the economic risks before deciding to develop a project. In this paper, a risk analysis is described, using the Monte Carlo simulation method, specifically to address the risk of time and cost overruns at a project involving complex underground works.

Back to search

Order the full article

Get a copy of this back issue article in digital PDF format

£15.00
Buy Now

Print Journal

Go in-depth with the international journal on hydropower & dams

Learn more

Managing construction time and cost risks using Monte Carlo simulation

All your interactions with our website are protected by strong 256-bit encryption. Learn more about how we safeguard your personal data in our Privacy Policy.

Close
Close