Risk and uncertainty are rarely evaluated as an integral part of the planning process. An array of risks—from hydrocarbon potential and operating characteristics, to political or market factors—can ...

The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Probabilistic methods are increasingly being used to complement deterministic methods in assessing the safety and ensuring the reliability of research reactors. Addressing features specific to ...

Cross-impact analysis is widely employed to inform management and policy decisions based on the formulation of scenarios which are defined as combinations of outcomes of relevant uncertainty factors.

Saksman's research deals with several mathematical problem areas that involve probabilistic questions in various setups. These include probabilistic methods in mathematical physics, analysis and ...

A DARPA-funded processor start-up has made bold claims about a new kind of processor that computes using probabilities, rather than the traditional ones and zeroes of conventional processors. Lyric ...

Project Delivery Methods have expanded dramatically. The integration of design and construction on projects can reduce the project schedule and allow for construction and property management input ...