Support for Expert Estimations in Transportation Projects
DOI:
https://doi.org/10.14311/910Keywords:
decision-making, economic risk, direct determination of the project’s risk, subjective probabilitiesAbstract
This paper deals with risk analysis as a part of the financial assessment of transportation projects. Two approaches to risk assessment are discussed. A risk can be evaluated either directly in terms of the probabilistic distribution of the assessment criterion; or an indirect determination of the risk can be applied without constructing the probability distribution, but by determining the characteristic features of the project.Downloads
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Published
2007-01-01
How to Cite
Pastor, O., Novotný, P., & Melechovský, J. (2007). Support for Expert Estimations in Transportation Projects. Acta Polytechnica, 47(1). https://doi.org/10.14311/910
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Articles