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  • Webinar on demand: Three Ways to Turn a Tornado into a Probability Distribution

Webinar on demand: Three Ways to Turn a Tornado into a Probability Distribution

This webinar will discuss three methods to derive an NPV probability distribution from such a tornado.

Petroleum Geology
Webinar
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FREE
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Session Detail

Session Code : PEWEB013
This is a recorded webinar session. By purchasing this, you will receive a link to watch a recorded webinar session.

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About this course

When evaluating an investment opportunity, an economic analysis will be required. Invariably the input assumptions that go into the cash flow calculations cannot be pinpointed at exact numbers but will have some range of uncertainty. For decision makers it is important to have a sense of the uncertainty in the valuation. To assess the impact on the decision metrics, in particular the NPV, usually a tornado diagram will be prepared.

What Will You Learn

    This webinar will discuss three methods to derive an NPV probability distribution from such a tornado by using:

    - An uncertainty tree

    - A simple Monte Carlo simulation application

    - The novel DeltaLogN method

What are the requirements?

    Webinars are a great way to learn new things without having to leave the office or spend a lot of money travelling, but there are a few things you should take note of in order to ensure your webinar experience goes off without a hitch.

    1. Check System Requirements - Internet speed must be adequate in order for you to view the presentation without distortion or lag time. If you're connecting from work, ensure to check the domain hosting the webinar isn't blocked.

    2. Download Necessary Software - Some webinars are completely web-based, but others require you to download software or browser plugins. Make sure you have all the appropriate software installed before the webinar starts.

    3. Phone or PC Audio - Some webinars stream their audio over the PC, but others require you to dial-in via telephone for the audio. Find out which option the webinar you're planning to attend uses and plan accordingly.

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