This online course presents the way and methodology to perform economic risk analysis for petroleum projects and industrial projects in general.
How to use the Monte-Carlo simulation technique by using Crystal ball from Oracle under excel sheet is presented.
This technique can be used in risk assessment in general. The applied example for this simulation in this course will be for oil and gas investment projects to present the economic calculation and how to calculate the risk of the investment.
This example is for a real project and presents this online course the economic factor and how we can obtain the risk for any project. this technique can be applied for any risk assessment as this simulation is a general technique.
The business decision is based on this analysis as it is the core for any project feasibility study which is the first step for any project. The attendees will receive a free ebook about "Business Project Investment: Risk Assessment Decision Making".
This course with the ebook presents an overview of business investment and economic, risk assessment tools by using MonteCarlo simulation, statistics, and probabilities methods with modern and advanced techniques to make the best decision.
This course with the ebook is considered as a guideline methodology of how to take the decision of project investment. These tools, techniques, and tips of thinking are very important when starting your investment project for small-scale or mega projects.
This online course with the ebook is one of a series of project management in an easy way I try to mix between practical ways and theoretical background.
As per this course, you can see the best methods of taking decisions with simple economic parameters and also we answer the complicated questions is how multinational companies take decisions.
This series of books is the main tips of project management and how to work in a project or to deal with the project if you provide services or outsource to any project.
Mohamed A. El-Reedy’s background in structural engineering. His main area of researches is reliability of concrete and steel structure. he has an experience for over 30 years in oil and gas and power generation projects for onshore and offshore. He has provided consulting to different engineering companies and oil and gas industries in Egypt...