• July 20, 2020 - July 24, 2020 see url 8:00 am - 5:00 pm

Buy Ambien Online Mexico Course Length:     5 Days        Buy Ambien Sleeping Pills Online Course Dates:    enter site July 20 – 24, 2020          follow link Course Venue:    Houston, Texas, USA

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follow url Course Description:

watch Due to high uncertainties and the cost intensive nature of upstream, midstream and downstream petroleum operations, accurate forecast of cost and duration is one of the main requirements for writing an AFE and supporting decision making processes. This course highlights limitations of traditional cost estimation methods that makes actual cost to exceed the planned budget. It presents the probabilistic approach of cost estimation along with risk assessment for dealing with cost estimation. This course covers the fundamental principles of simulation tools which are available in the market. Case studies will be provided to illustrate the field applications

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Cheap Alprazolam This course is designed for project investors/owners, project directors, project managers, project engineers, cost estimators, cost controllers, planners, buyers, project accountants, project risk managers


enter What You Will Gain:

  • Learn risk based cost and duration estimation of petroleum capital projects
  • Learn advantages and limitations of both deterministic and probabilistic cost estimation
  • How to develop probabilistic approach and Monte Carlo simulation in cost estimation
  • Understand cost estimation of large petroleum projects with dependent risks
  • Understand cost risk analysis

source Buy Ambien Legally Course Outline:
  • Structure of Integrated Field Development Economic Model
  • Introduction to Capital Cost Estimation and Management Concepts
  • Purpose of Capital Cost Estimation and Management
  • Classification of Capital Cost Estimates. Cost Indices. General Ground Rules & Assumptions
  • Existing Methods for Early Capital Cost Estimation (Exponent, Factorial and Functional Unit Estimates). Capital Cost Estimates Using Top-Down Approach versus Bottom-Up Approach
  • General need for better estimation tools and benefits of probabilistic cost analysis
  • Characterization of risk and uncertainty. Risk classification. Risk matrices. Risk as individual cost elements. Introduction to cost estimation of large petroleum projects with dependent risks
  • Structure of risk based cost and duration estimation of capital petroleum projects
  • Cost risk model and multivariate dependence. Cost aggregation in the multivariate framework
  • New Regression Based Capital Estimation Methods. Computational Artificial Intelligence Model Based Capital Estimation Methods (Expert Systems, Artificial Neural Networks, Fuzzy Set Theory, Fuzzy Matching, Genetic Algorithms, Random Forest, hybrids, etc). Field Cases