For example, during the construction phase, we might have 20 or 30 risks, each broken down and evaluated in order to put a dollar amount and a probability on it. Once we've done that work, it's all run through a Monte Carlo.... I don't mean to sound really technical. I mean that it's run through a simulation that produces a distribution of the probabilities. So you're aware of the methodology, we're not plugging in a number.... It's specific to each project.
On November 1st, 2012. See this statement in context.