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This book discusses the art and science of economic decision making. It combines logical thinking with analytics, economics, and finance to draw decision insights for the upstream petroleum projects. The book offers useful analysis skills for practitioners in industry, including analysts,...
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risks effectively. The basis for an effective risk management is a thorough risk analysis. Despite the availability of many … different risk analysis approaches, companies can be reluctant to use them, since the models are usually complex and very time … consuming. Objectives: The main objective is to present a simple, yet effective risk analysis approach that can also serve as a …
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