Using risk analysis in major project budgets and schedules

A large gas transmission and storage company had some large cost overruns of a number of project’s costs and schedules. They wondered if there were a better way to understanding and managing risks. EpiX proved to them the value of utilizing Monte Carlo risk analysis, and provided the knowledge and tools to use Monte Carlo in their project planning.

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Brief History of EpiX Analytics

EpiX Analytics was founded in 2003 in Princeton, NJ under the Vose Consulting name, and among its offerings it included specialized software to perform Monte Carlo simulations. Read More >>