Hello I work at The Environment Agency in the UK. I am looking for recent developments in the estimation of contingency allowances using risk assessment techniques.<br><br>We currently use the Monte Carlo method, which is probably too complex for our needs.<br><br>Do any of you have any experiences in this area that you'd like to share with me ?<br><br>Thanks<br>Kieran Morris
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Risk assessment to estimate contingency allowance
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