Comparison of Discounted Cash Flow, Decision Analysis, and Flexibility in Design for handling uncertainty in Oil and Gas Capital Projects
Oil and gas companies face multiple uncertainties when designing and implementing capital projects. Capital heavy projects with long-time horizons face various uncertainties that are difficult to predict and mitigate. Numerous ways of dealing with these uncertainties exist: decision analysis, real o...
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Format: | Thesis |
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Massachusetts Institute of Technology
2022
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Online Access: | https://hdl.handle.net/1721.1/140075 https://orcid.org/0000-0001-8354-1280 |