Course Description

As the title suggests, this one-day “Jump Start” course introduces, or refreshes, the professional to the major concepts and principles used to assess prospect uncertainty, chance, and value, and helps to better calibrate subsequent assessments.

We recommend combining this course with a “Surgical Theater Prospect Review.”

Course Outline

Basic Statistics and Probability for Crafting and Communicating Distributions Under Uncertainty

Reserve Estimation Under Uncertainty

Examples and Case Studies

Chance of Occurrence and the Probability of Profitability

Performance Tracking

Implementation Issues

Course Documentation

RA JS Prosp Course 10-13-09.pdf (26.5k)