Skip to main content
SpringerLink
Log in

Assessing Project Risks

  • Published:
Russian Engineering Research Aims and scope

Abstract

A procedure is developed for quantitative risk assessment of standard projects. This is a statistical approach based on the bootstrap method, which relies on a small set of variables and may be used with limited and incomplete historical data. Assessment of project risks by the bootstrap method yields point and interval values of a random variable corrected for bias. Those values may be used to identify the unknown distribution. That eliminates the significant deficiencies associated with the limits on the information and permits expanded application of risk management.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1.
Fig. 2.
Fig. 3.

Similar content being viewed by others

REFERENCES

  1. Danilina, M.V., Trifonov, P.V., Surkova, E.V., et al., Managing business in the regions of Russia: Threats’ analysis, Int. J. Econ. Res., 2017, vol. 14, no. 4, pp. 55–67.

    Google Scholar 

  2. Skachko, G., Surkova, E., Ermolaeva, E., and Pocebneva, I., Adoption of management decisions on the basis of the risk management model, E3S Web Conf., 2021, vol. 244, art. ID 110081.

  3. Venttsel’, E.S., Teoriya veroyatnostei (Probability Theory), Moscow: Knorus, 2016.

  4. Surkova, E.V. and Mazhaiskii, Yu.A., Assessing the financial performance of aviation enterprises, Russ. Eng. Res., 2021, vol. 41, no. 10, pp. 983–986.

    Article  Google Scholar 

  5. Pocebneva, I., Belousov, V., Fateeva, I., et al., Algorithms of hierarchical mixture of opinions of experts in problems of synthesis of information management systems city development, MATEC Web Conf., 2018, vol. 170, art. ID 01120.

Download references

Author information

Authors and Affiliations

  1. Moscow Aviation Institute, Moscow, Russia

    E. N. Ermolaeva & A. A. Kadykova

Authors
  1. E. N. Ermolaeva
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. A. A. Kadykova
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to E. N. Ermolaeva.

Additional information

Translated by B. Gilbert

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Ermolaeva, E.N., Kadykova, A.A. Assessing Project Risks. Russ. Engin. Res. 42, 416–419 (2022). https://doi.org/10.3103/S1068798X22040062

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.3103/S1068798X22040062

Keywords:

Search

Navigation