The recent and ongoing disaster in the Gulf of Mexico has raised some questions as to the preparedness of Big Oil to respond to an emergency spill. An examination of their emergency spill plans has garnered criticism but is it justified? How much effort should companies spend on risk identification and mitigation?
This post presents 2 popular learning curve methods for estimating how a person or organization benefits from repeat learning.
This technique is key for the project risk analyst.
Overview of techniques to accelerate Excel Models and custom applications.... I have included a few fun user defined functions as examples.