Exploration Risk Analysis for Managers

A condensed prospect course for managers, illustrating industry concepts. (Accelerated format with realistic exercises)

Course Outline

01. Introduction to Risk Analysis

02. Statistics – The Language of Uncertainty

03. Coping with Uncertainty

04. Estimating the Size of the Prize

05. Expected Value and Chance of Prospect Success

06. Designing Truncation Systems

07. Selecting New Plays – The Most Critical Decision

08. Estimating Profitability

09. Dealing with Risk

10. Managing the Portfolio

11. Escaping the Winner’s Curse

12. Performance Tracking – The Simple Secret

13. Essential Roles in RA Implementation

14. Conclusion

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