Is it important to focus on Access Road Construction for mega Complex remote project? 4 Figures Depict a Complete Story!
Real Estate Development Project – Better way to Envisage Your Project’s Future. How? 4 Graphs are Enough to Illustrate! Keywords Access road construction, Mega complex project, Construction project, Schedule delay, Cost overrun, Sensitivity analysis, Uncertainty, Risks, Weather, Flash flood, Energy, Oil & Gas, Mining, Monte Carlo simulation, What if analysis, Distribution graph, Cost risk analysis, […]
Capital Project Petrochemical Process Plant, IRR, and NPV Analysis – Webinar
Capital project for the petrochemical process plant (downstream) is slightly different from other capital projects. It requires estimating Total Installed Cost (TIC) plus Owner cost in order to find the complete project cost. Cost estimation for petrochemical process plant is comprised of equipment specification and definite plant facility information. In this case study, there are […]
SCHEDULE RISK ANALYSIS (SRA) – SCHEDULE UNCERTAINTY
SCHEDULE RISK ANALYSIS (SRA) – SCHEDULE UNCERTAINTY Keywords: Schedule, Critical Path (CP), Milestone, Deterministic Value, 3-Point estimates, Monte Carlo Simulation, Correlation, Iteration, Cumulative Frequency Chart, Probabilistic Branching, Distribution, Triangular Distribution, Categories, Duration, Finish Date, Uncertainty, Skewness, Positively Skewed, Negatively Skewed. Summary: A schedule risk analysis (SRA) uses a risk-based project schedule (derived from the master […]