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Risk Management in Oil Field Development Projects: Structural Equation Modeling for Risk Management - Softcover

 
9783659540486: Risk Management in Oil Field Development Projects: Structural Equation Modeling for Risk Management

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There are interrelations between various risk factors and propose that decision-makers should identify “interactive risk paths” rather than “independent individual risks” for better simulation of project conditions. This study is an effort to mitigate negligence of previous studies that depend on separate risk categories, generic checklists and one way risk hierarchies and propose an alternative Risk-Path Model. In this model, risk factors, their sources, and their consequences are assumed to be causally dependent. Moreover, within the context of this study, the vulnerability factors inherent in the project environment are assumed to act as the initiatives of the possible risk paths. It is believed that incorporating system’s vulnerabilities into the risk-path identification process will lead to more realistic and more accurate estimations about the future since these factors are known with higher level of certainties at early stages of the projects. All the possible interactions among diverse identified vulnerability generated risk paths are tested and the cross impacts are estimated employing Structural Equation Modeling (SEM) technique.

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Ishan Wadhwa|Sumeet Gupta
Published by LAP LAMBERT Academic Publishing, 2018
ISBN 10: 365954048X ISBN 13: 9783659540486
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Wadhwa IshanIshan is currently working in Sapient Global Markets as an Associate Trade & Risk Manager. Have done Masters in the domain of Energy Trading from University of Petroleum and Energy Studies. He takes particular interests i. Seller Inventory # 385767477

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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -There are interrelations between various risk factors and propose that decision-makers should identify 'interactive risk paths' rather than 'independent individual risks' for better simulation of project conditions. This study is an effort to mitigate negligence of previous studies that depend on separate risk categories, generic checklists and one way risk hierarchies and propose an alternative Risk-Path Model. In this model, risk factors, their sources, and their consequences are assumed to be causally dependent. Moreover, within the context of this study, the vulnerability factors inherent in the project environment are assumed to act as the initiatives of the possible risk paths. It is believed that incorporating system's vulnerabilities into the risk-path identification process will lead to more realistic and more accurate estimations about the future since these factors are known with higher level of certainties at early stages of the projects. All the possible interactions among diverse identified vulnerability generated risk paths are tested and the cross impacts are estimated employing Structural Equation Modeling (SEM) technique. 268 pp. Englisch. Seller Inventory # 9783659540486

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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - There are interrelations between various risk factors and propose that decision-makers should identify 'interactive risk paths' rather than 'independent individual risks' for better simulation of project conditions. This study is an effort to mitigate negligence of previous studies that depend on separate risk categories, generic checklists and one way risk hierarchies and propose an alternative Risk-Path Model. In this model, risk factors, their sources, and their consequences are assumed to be causally dependent. Moreover, within the context of this study, the vulnerability factors inherent in the project environment are assumed to act as the initiatives of the possible risk paths. It is believed that incorporating system's vulnerabilities into the risk-path identification process will lead to more realistic and more accurate estimations about the future since these factors are known with higher level of certainties at early stages of the projects. All the possible interactions among diverse identified vulnerability generated risk paths are tested and the cross impacts are estimated employing Structural Equation Modeling (SEM) technique. Seller Inventory # 9783659540486

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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -There are interrelations between various risk factors and propose that decision-makers should identify ¿interactive risk paths¿ rather than ¿independent individual risks¿ for better simulation of project conditions. This study is an effort to mitigate negligence of previous studies that depend on separate risk categories, generic checklists and one way risk hierarchies and propose an alternative Risk-Path Model. In this model, risk factors, their sources, and their consequences are assumed to be causally dependent. Moreover, within the context of this study, the vulnerability factors inherent in the project environment are assumed to act as the initiatives of the possible risk paths. It is believed that incorporating system¿s vulnerabilities into the risk-path identification process will lead to more realistic and more accurate estimations about the future since these factors are known with higher level of certainties at early stages of the projects. All the possible interactions among diverse identified vulnerability generated risk paths are tested and the cross impacts are estimated employing Structural Equation Modeling (SEM) technique.Books on Demand GmbH, Überseering 33, 22297 Hamburg 268 pp. Englisch. Seller Inventory # 9783659540486

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Wadhwa, Ishan/ Gupta, Sumeet
Published by LAP LAMBERT Academic Publishing, 2018
ISBN 10: 365954048X ISBN 13: 9783659540486
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Paperback. Condition: Brand New. 268 pages. 8.66x5.91x0.61 inches. In Stock. Seller Inventory # 365954048X

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