Project Economics and Decision Analysis: Volume 1: Deterministic Models

ISBN: 0878148191

Author: Mian, M. A.

Condition: New

This comprehensive guide provides all the necessary concepts of capital investment evaluation, capital budgeting, and decision analysis. Mian takes the reader step-by-step through the decision-making process, providing comprehensive coverage of all decision analysis tools currently available while outlining how investment decisions are made under different stages of risk. Further, he focuses on practical application, using a straightforward approach with solved "real-life" examples and solutions, end-of-chapter problems, and illustrations throughout the book.Key Features & BenefitsBecome familiar with the practical applications of various capital budgeting techniques (the deterministic phase) and decision analysis methods (the probabilistic phase)Intelligently interpret the profitability measures as applied to oil & gas projectsAssess the risks when investing in the oil & gas businessAssess the face value of the reports issued by planning/economic engineersModel the presented methods on their computer