National Academies of Sciences%2c Engineering%2c and Medicine

Probabilistic Methods in Geotechnical Engineering

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Oil

Managing Oil & Gas Companies: Probabilistic methods with simulation help predict timing, costs of projects

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 ...
Helsinki

Research groups and grand challenges

FiRST brings together leading mathematicians in Finland to collaborate towards the advancement of the common research themes of "Randomness and Structures". It aims at the mathematical developments at ...
CIO

Probabilistic Methods For Calculating IT Value: Real Options Valuation, Applied Information Economics

“What kind of investment do we make in technology to create flexibility?” Nuts and Bolts: Taking its cue from the Nobel-prize-winning Black-Scholes model for valuing options, ROV aims to put a ...