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The purpose of this research was to study the recognition, application and quantification of the risks associated in managing projects. In this research, the management of risks in an oil and gas project is studied and implemented within a case company in Oman. In this study, at first, the...
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The success of the agricultural systems is affected by several social, cultural and economical variables, which can restrict or nurture the development of the agribusiness. In this context, agricultural managers search for ways to improve production efficiency. This effort comprises the...
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Agriculture in Upper Egypt is characterized by unsustainable farming practices and a lack of the use of market intelligence. Improving agriculture in Upper Egypt is necessary, as farmers in this region need to meet the quality standards required by international markets if they are to increase...
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Investment decisions have to be made when there is little information about the scope of the project. New projects have to depend on historical evidences and experiences gained from previous projects of similar nature. However, such projects lack historical data and even if such data are...
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"An updated guide to risk analysis and modelingAlthough risk was once seen as something that was both unpredictable and uncontrollable, the evolution of risk analysis tools and theories has changed the way we look at this important business element. In the Second Edition of Analyzing and...
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Risk Analysis concerns itself with the quantification of risk, the modeling of identified risks and how to make decisions from those models. Quantitative risk analysis (QRA) using Monte Carlo simulation offers a powerful and precise method for dealing with the uncertainty and variability of a...
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