I found this definition in an interesting article about programme risk management... it would be very helpful if I could understand this portion fully. My maths are a bit rusty, I understand the first portion a bit, but need confirmation for the meaning of (2).
Any help would be appreciated. :)
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The article:
KWAN, T. W. & LEUNG,
H. K. N. Measuring Risks within a Program Consisting of Multiple Interdependent
Projects. 2009. IEEE, 1-7.
Well it says that there are programs which are function of time, consisting of related projects with their project risks so the program risk is a total or union of both 'project level risks' & 'program level risks' according to the function QR(t)=PJR(t) U PGR(t)
ReplyDeleteWhat do you think?
I hope it helps :)
Thanks Bilal! Really helpful :)
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