  Real Options for Project Schedules (ROPS) has three recursive
sampling/optimization shells. An outer Adaptive Simulated Annealing (ASA)
optimization shell optimizes parameters of strategic Plans containing multiple
Projects containing ordered Tasks. A middle shell samples probability
distributions of durations of Tasks. An inner shell samples probability
distributions of costs of Tasks. PATHTREE is used to develop options on
schedules.. Algorithms used for Trading in Risk Dimensions (TRD) are applied to
develop a relative risk analysis among projects.

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