Introduction In an increasingly dynamic business world, monetary policy decisions—such as changes in interest rates, inflation control, or currency interventions—are not just topics for economists. […]
Tag: Risk Management
Supplies: Strategic Connections with ESG, Risk Management, and Digital Transformation
1. Introduction Global supply chains have become complex and interdependent. With the rise in economic, climatic, and political uncertainties, these chains are increasingly exposed to […]
Fixed Price Incentive Fee (FPIF) Contract: An Overview
Abstract This article discusses the Fixed Price Incentive Fee (FPIF) contract, a modality that combines a fixed price with a performance-based incentive. The text describes […]
Monte Carlo Simulation: Definition, Applications in Project Management and Data Science, Examples, and Benefits
1. Introduction Decision-making in uncertain scenarios requires tools capable of modeling variabilities and predicting possible outcomes. In this context, Monte Carlo simulation stands out as […]
Firm Fixed Price (FFP) Contract: An Overview
Introduction Contracts play a crucial role in project management, providing a legal framework that defines the rights, duties, and responsibilities between the involved parties. The […]