Identifying, Assessing, And Tracking Black Swan Risks For An Engineering And Construction Program
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United States of America Patent
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Issued Date -
Jun 26, 2014
app pub date -
Dec 19, 2013
filing date -
Dec 21, 2012
priority date (Note) -
Abandoned
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Abstract
A risk analysis system having a risk analysis engine that can identify a set of risks for a program based on a constructed program model. The program model can be based on known, historical programs using current program attribute information. The risks can be identified by executing one or more simulations using the program model. The outcome of the simulation can be used to identify individual drivers of risk, which can in turn be used to identify one or more previously undetected and unanticipated black swan-level risks facing the program.
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