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Identifies the process, benefits, and implications of using probabilistic analysis of cost and schedule risks in the design and construction of capital projects. Presents the results of a thorough literature review and a state-of-practice survey. Also discusses the "how" and "why" of probabilistic methods through multiple case studies, and a validation survey to confirm all findings. Finally, introduces the team's implementation resources, a risk register tool and a laminated risk register reference card.

Senesi, C.,ÌýJavernick-Will, A.,ÌýandÌýMolenaar, K., Furlani, K. and Relyea, C.Ìý(2013). "."ÌýResearch Summary, RS280-1, Construction Industry Institute. Austin, TX.