Welcome to Intaver Institutes presentation : How to Model Cost Risk for Monte Carlo Project Risk Analysis. We are going to be taking a detailed look at how costs are calculated and how to apply risks and uncertainties to your cost model for Monte Carlo risk analysis: - fixed cost and resource cost - cost risks and uncertainties - how to define uncertainties in fixed cost using statistical distribution - risk event for fixed cost - uncertainties in work - rate risk For more information please visit our web site: http://www.intaver.com