This paper is a conceptual paper that explores the applications of Monte Carlo simulation for managing project risks and uncertainties. The benefits of Monte Carlo simulation are using quantified data ...

Enhance your skills in energy statistical analysis with our expanded three-day workshop. Dive deep into crucial topics like risk quantification and pricing models using practical exercises in Excel.

Excel and Google Sheets have three functions to calculate the internal rate of return: IRR, XIRR, and MIRR. Learn how these functions can calculate investment returns.

This week-long intensive immersion course provides participants with theory and hands-on training with leading-edge simulation skills. Exploring state-of-the-art computerized manikins (Human Patient ...

This study highlights the importance of high-resolution paleoclimate simulations to accurately reflect hydrological changes in a warming climate—not just in the Sahara.