vault backup: 2025-07-24 16:44:33

risk-oriented-estimating.md

@@ -1,9 +1,10 @@
 ---
 id: risk-oriented-estimating
 aliases: []
-tags: []
+tags:
+  - estimating
+  - risk
 ---
-
 # Risk Oriented Estimating
 
 Risk-Oriented Estimating (ROE), is a methodology for [[construction-estimating]] which
@@ -19,6 +20,7 @@ as these ultimately _increase_ risk by inflating the apparent project cost,
 increasing the probability of loss to a competitor.
 
 %%
+
 ## Scratch
 
 Bid risk may fit a [Taleb distribution](https://en.wikipedia.org/wiki/Taleb_distribution).
@@ -42,6 +44,7 @@ given an organization's [[risk#Risk Tolerance]].
 ## EVPI Takeoff
 
 %%
+
 ## Scratch
 
 Expected value of perfect information (EVPI)
@@ -51,8 +54,8 @@ Count-based takeoff speed increases with count.
 
 Optimizing the takeoff process means:
 
-* *Minimizing* the need for information outside of drawings
-* *Maximizing* organizational consistency
+* _Minimizing_ the need for information outside of drawings
+* _Maximizing_ organizational consistency
 
 > [!note]
 > Recent events have complicated my philosophy above.
@@ -61,4 +64,4 @@ Optimizing the takeoff process means:
 
 > [!note] Naming Conventions (Use Case vs. Description)
 > Naming by use case is intuitive for those without estimating or field experience,
-> but has the side effect that those accustomed to the names will inevitably *treat them as descriptive*.
+> but has the side effect that those accustomed to the names will inevitably _treat them as descriptive_.