Is Something Missing from Project Risk Management? Correlation Matters

Simple item page
dc.centroEscuela de Ingenierías Industriales
dc.contributor.authorPajares, Javier
dc.contributor.authorMartín-Cruz, Natalia
dc.contributor.authorGonzález-Varona, José Manuel
dc.contributor.authorAcebes, Fernando
dc.contributor.editorBarbadilla-Martín, E.
dc.contributor.editorRobles-Velasco, A.
dc.contributor.editorRodríguez-Palero, M.
dc.contributor.editorCortés, P.
dc.date.accessioned2026-02-05T11:56:08Z
dc.date.issued2026-02-03
dc.departamentoEconomía y Administración de Empresas
dc.description.abstractIn this paper, we show that correlations between the durations of project activities can change the project’s total variance and some risk sensitivity indexes such as the Cruciality (CrI) and SSI (Schedule Sensitivity Index). These results are relevant in project risk management as correlations may change risk response strategies, and monitoring efforts should focus on other activities. We performed Monte Carlo simulations using different network topologies with different characteristics.
dc.description.sponsorshipRegional Government of Castille and Leon
dc.identifier.citationPajares, J., Martín-Cruz, N., González-Varona, J.M., Acebes, F. (2026). Is Something Missing from Project Risk Management? Correlation Matters. In: Barbadilla-Martín, E., Robles-Velasco, A., Rodríguez-Palero, M., Cortés, P. (eds) Data Science, Challenges and Applications for Industrial Innovation and Sustainability. CIO 2025. Lecture Notes on Data Engineering and Communications Technologies, vol 280. Springer, Cham. https://doi.org/10.1007/978-3-032-12099-1_4
dc.identifier.doi10.1007/978-3-032-12099-1_4
dc.identifier.isbn978-3-032-12098-4
dc.identifier.urihttps://hdl.handle.net/10630/45212
dc.language.isoeng
dc.publisherSpringer, Cham
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internationalen
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectEvaluación del riesgo
dc.subject.otherProject Risk Management
dc.subject.otherSensitivity Index
dc.subject.otherCruciality
dc.subject.otherRisk Strategy
dc.subject.otherMCSimulRisk
dc.titleIs Something Missing from Project Risk Management? Correlation Matters
dc.typebook part
dc.type.hasVersionSMUR
dspace.entity.typePublication
relation.isAuthorOfPublication8e65ccb4-1e7b-4639-9965-9a5f9d010605
relation.isAuthorOfPublication.latestForDiscovery8e65ccb4-1e7b-4639-9965-9a5f9d010605

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
260204 CIO2025-Corr_preprint.pdf
Size:
377.19 KB
Format:
Adobe Portable Document Format
Download

Collections

Libros, Capítulos de libros y Reseñas