... The second paper ( Newman, Begg, & Welsh, 2018 ) focused on DA/DQ. It included a literature review of neuroscience and psychological factors that affect decision makers, and highlighted reasons why it is hard for people to be good decision makers – as formally defined. Instead, we are subject...

...-objective scoring, or combined approaches fail in terms of providing decision makers with tangible and practical guidance as to the real impact of specific decisions on objectives. This paper codifies an approach that makes it possible to align the degree of acceptable corporate level uncertainties (risk...

... optimisation objective Market Condition exploration Portfolio analysis constraint decision maker stakeholder asset and portfolio management portfolio action Optionality portfolio society of petroleum engineers criteria strategic direction resilience strategic goal Introduction...

... of the IT tools with OIL’s golden legacy and culture is a challenge. Being an E&P company, monitoring of progress of drilling operations and production of Crude Oil & Natural Gas, their supply to consumers and analyzing their trend is of prime importance to management and decision makers. The prevailing...

... with the actual situation. The proposed EOR strategy-decision system can not only make effective use of expert judgment minimizing decision makers' bias, providing quantitative description of multiple factors, but also facilitate the decision makers to carry out EOR strategy-decision process efficiently...

... miles off? What, no production? A write-off! How could this be? Do we give the project team a bonus this year? The methodology employed was to: Determine the insights needed by decision-makers to improve the quality of project approval decisions, and post-project, to appraise the project...

... in Goodwin, P and Wright, G, 1998 , pg 15) This is where MODM becomes valuable. Decisions must not only be logical, consistent with the available data and the decision maker's value system, but they should also be defensible . The MODM process is highly structured with each step clearly visible...

... and shared. variation creativity tacit knowledge dimension knowledge artificial intelligence decision-making process decision maker spe 77910 strategic decision empirical model competitive advantage non-analytical aspect intuition background intuitive aspect decision intuitive decision...

... cases of economics were run to support the evaluation. The result was a significant increase in expected value for the field regardless of the value measure used. decision maker society of petroleum engineers indonesia upstream oil & gas development sequence risk management duri study...