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What is PVaR and how important it is to manage complex projects?

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Question added by Arvind Arya , Additional Chief Engineer , Ajmer Development Authority
Date Posted: 2017/06/12
Luqman Pasha Hindupur
by Luqman Pasha Hindupur , Lead Consultant (Project Management) , ITC Infotech Pvt Ltd

PVaR (Project Value at Risk) is a new indicator for connecting risks to two of the most important questions in project management: when will the project be completed and at what cost? It is based on the widely accepted VaR (Value at Risk) financial indicator.

Michael Van Wyk
by Michael Van Wyk , Maintenance Manager Mechanical , Klipwerf Granite

PVandR is the integration of risk factor into projrct life cycle

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