A two-step evaluation, using a classical deterministic method and a modern probabilistic one, verified uprating a 35-year-old German natural gas pipeline. Evaluation in the deterministic redesign ...
Continuous probabilistic techniques involving simulation can help managers predict the likelihood of time and cost overruns in all types and sizes of oil and gas projects. By deriving time and cost ...
Researchers from the European Central Bank, European Stability Mechanism, and Universität Bonn propose a new forecasting method called parametric tilting that helps economists incorporate new ...