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 ...

The long-term peak in forward rates for U.S. Treasury exceeds the near-term peak, indicating a step toward normal yields. The streak of negative 2-year/10-year Treasury spreads has reached 292 trading ...

Journal of Applied Meteorology and Climatology, Vol. 55, No. 10 (October 2016), pp. 2301-2322 (22 pages) ABSTRACT Quantitative assessment of climate change risk requires a method for constructing ...

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 ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with effectively modeled probabilities.