Simulation modeling

The implementation of the Norwegian Governmental Project Risk Assessment scheme

The implementation of the Norwegian Governmental Project Risk Assessment scheme

This entry is part 1 of 2 in the series The Norwegian Governmental Project Risk Assessment Scheme

Based on these findings it is pertinent to ask what went wrong in the implementation of QA2. The idea is sound, but the result is somewhat disappointing.

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Uncertainty modeling

Uncertainty modeling

This entry is part 2 of 3 in the series What We Do

We know that forecasts based on average values are on average wrong. In addition will deterministic models miss the important uncertainty dimension that gives both the different risks facing the company and the opportunities they bring forth.

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Big Issues Needs Big Tools

Big Issues Needs Big Tools

This entry is part 3 of 3 in the series What We Do

We believe you know your business best and will in your capacity implement the necessary resources, competence, tools and methods for running a successful and efficient organization.

Still issues related to uncertainty …….

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Stochastic Balance Simulation

Stochastic Balance Simulation

This entry is part 1 of 6 in the series Balance simulation

We know that forecasts based on average values are on average wrong. In addition deterministic models will miss the important dimension of uncertainty – that gives both the different risks facing the company and the opportunities they produce.

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A short presentation of S@R

A short presentation of S@R

This entry is part 1 of 4 in the series A short presentation of S@R

Most companies have some sort of model describing the company’s operations. They are mostly used for budgeting, but in some cases also for forecasting cash flow and other important performance measures.

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Airport Simulation

Airport Simulation

This entry is part 1 of 4 in the series Airports

The basic determinant of an airport’s economics is the passenger forecast. It is the basis for estimation of aircraft movements, investment in terminal buildings, traffic charges, tax free sales etc.

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