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, […]
5 Ways Risk Management Software Can Help Your Business. Are You Still Not Considering Risk Software?
Real Estate Development Project – Better way to Envisage Your Project’s Future. How? 4 Graphs are Enough to Illustrate! Keywords Risk Management Software, Software Implementation, Risk, Schedule Risk Analysis, Cost Risk Analysis, Monte Carlo Simulation, Risk Register, ERM, Qualitative Risk Analysis, Quantitative Risk Analysis, Schedule, Cost, Dashboards, Data, Business Risk, Financial Risk Contact Summary Risk […]
Digital Product Development and Decision Making Under Uncertainty
Digital Product Development and Decision Making Under Uncertainty Digitization is dominating in this era of 2nd machine age. A webinar. Worth watching it. Isn’t? The failure rate is high in case of product Development. Technology, competitors, and market dynamics are the key factors, but one can’t ignore cost and schedule.Cost and schedule model development is […]
Integrated Cost and Schedule Risk Analysis (IRA). Why? 5 visuals explain it!
Summary In Oil & Gas industry projects are always complex whether onshore or offshore. Remote locations, site access, communities, resource constraints and long lead items (LLI), etc. can be challenging to execute the project. Performed schedule and cost risk analysis with uncertainty using Monte Carlo simulation for Condensate Process and Storage Facility Project. Developing a […]
Quantitative Cost and schedule Risk (QCRA, QSRA) Modelling of Weather event.
Introduction Tough, rigid, and uncertain conditions ground and environmental conditions in a remote location can be treacherous. Weather calamity can be a known-unknown or unknown – unknown event with huge impact. Generally, quantitative cost & schedule and Cost (QSRA & QCRA) model are developed for catastrophic events like Hurricane, Tornado and flood etc. Case Study […]
Digital Risk Analysis using Monte Carlo Simulation using Monte Carlo Simulation (MCS)
Questions: What is Digital Risk Management? Why Schedule for Agile environment? How Monte Carlos Simulation will help to answer the question and concerns of key stakeholders. Digital World: Digital electronics provides the basis for fourth industrial revolution or second (2nd) machine age. It is evolving and following “Morse Law” and expanding exponentially. Computing power is also growing substantially to provide support in planning, […]