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Using Simulation to Improve Plannings, Risk Assessment, and General Management of Oil & Gas Projects

Using Simulation to Improve Plannings, Risk Assessment, and General Management of Oil & Gas Projects

Using Simulation to Improve Plannings, Risk Assessment, and General Management of Oil & Gas Projects
Using Simulation to Improve Plannings, Risk Assessment, and General Management of Oil & Gas Projects
Promotes the use of simulation techniques to improve performance of relatively small and medium-sized projects as well as major ones consisting of many hundreds of component activities.
Single User Price: $199.00
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Summary

In this well-illustrated report, the author shows how simulation techniques can be used to their maximum potential in project planning, evaluation, and risk-management. In valuable detail, he shows how to apply statistical techniques involving simulation to planning and management.

Data

Topics include:
  • Integrating deterministic and probabilistic techniques in simulation.
  • Project network analysis.
  • Applying probabilistic simulation models to critical path project management.
  • The Monte Carlo simulation technique.
  • Management and interpretation of data distribution.
  • Applying the techniques to a hypothetical drilling and development project.
  • Applying the techniques to a hypothetical chemical plant project.

    • Reasons to Buy

  • Report provides the simulation results of hypothetical projects to provide insight to the advantages and pitfalls of a probabilistic, project management, simulation technique.
  • Convenient Word files.

    • Date Published

    2001
    Author: David Wood, David Wood & Associates