Risk and uncertainty are rarely evaluated as an integral part of the planning process. An array of risks—from hydrocarbon potential and operating characteristics, to political or market factors—can ...

Although probabilistic risk analysis methods, a component of project risk management, have been regularly available to designer and construction practitioners since the early 1990s, their use is not ...

The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Many traders think that predicting a stock’s direction is the best way to win with options. However, the most successful ...

Learn to address the likelihood of structural failure. Perform risk analysis associated with environmental loads to structures under static and dynamic loadings. Master the basics of performance-based ...