Picture water droplets

Developing mathematical theories of the physical world: Open Access research on fluid dynamics from Strathclyde

Strathprints makes available Open Access scholarly outputs by Strathclyde's Department of Mathematics & Statistics, where continuum mechanics and industrial mathematics is a specialism. Such research seeks to understand fluid dynamics, among many other related areas such as liquid crystals and droplet evaporation.

The Department of Mathematics & Statistics also demonstrates expertise in population modelling & epidemiology, stochastic analysis, applied analysis and scientific computing. Access world leading mathematical and statistical Open Access research!

Explore all Strathclyde Open Access research...

Managing complex projects for industry : developing a new approach to risk management

Howick, Susan and Ackermann, Fran and Walls, Lesley and Quigley, John and Houghton, Tom (2013) Managing complex projects for industry : developing a new approach to risk management. In: 26th European Conference in Operational Research, 2013-07-07 - 2013-07-11. (Unpublished)

Full text not available in this repository. Request a copy from the Strathclyde author

Abstract

This presentation discusses a project undertaken for an energy company. A process is described which assists the company to understand and manage risks involved with the project. The process involves two integrated activities; the first engages a range of stakeholders in surfacing risks and their ramifications in a causal risk map, while the second elicits expert judgement regarding uncertainties so as to understand the likelihood of risks occurring through a decision tree approach. The process has potential across a range of complex project management situations.