Method for assessment of uncertainty and risk
First Claim
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1. A method for assessing uncertainty comprising:
- creating a catalog for uncertainty areas;
capturing quantitative and qualitative uncertainty data;
establishing dependencies between uncertainties;
associating risks to uncertainties;
associating action plans and tasks to risks;
creating a realization tree from uncertainty ranges; and
tracking changes to uncertainties and realizations over time.
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Abstract
A method is disclosed for assessing uncertainty comprising: creating a catalog for uncertainty areas; capturing quantitative and qualitative uncertainty data; establishing dependencies between uncertainties; associating risks to uncertainties; associating action plans and tasks to risks; creating a realization tree from uncertainty ranges; and tracking changes to uncertainties and realizations over time.
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Citations
32 Claims
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1. A method for assessing uncertainty comprising:
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creating a catalog for uncertainty areas;
capturing quantitative and qualitative uncertainty data;
establishing dependencies between uncertainties;
associating risks to uncertainties;
associating action plans and tasks to risks;
creating a realization tree from uncertainty ranges; and
tracking changes to uncertainties and realizations over time. - View Dependent Claims (2, 3)
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4. A program storage device readable by a machine tangibly embodying a program of instructions executable by the machine to perform method steps for assessing uncertainty, said method steps comprising:
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creating a catalog for uncertainty areas;
capturing quantitative and qualitative uncertainty data;
establishing dependencies between uncertainties;
associating risks to uncertainties;
associating action plans and tasks to risks;
creating a realization tree from uncertainty ranges; and
tracking changes to uncertainties and realizations over time. - View Dependent Claims (5, 6)
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7. A system for assessing uncertainty comprising a processor, a data storage system, at least one input device, and at least one output device, and a computer-readable media for storing data, the system comprising:
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means for creating of a catalog for uncertainty area and for storing the catalog in the computer-readable media;
means for capturing quantitative and qualitative uncertainty data;
means for establishing dependencies between uncertainties;
means for associating risks to uncertainties;
means for associating action plans and tasks to risks;
means for creating a realization tree from uncertainty ranges; and
means for tracking changes to uncertainties and realizations over time. - View Dependent Claims (8)
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9. A method of uncertainty management adapted for managing uncertainties and risks during the development of a reservoir, comprising:
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determining a set of uncertainties pertaining to the development of said reservoir, said set of uncertainties including qualitative information and quantitative information, the uncertainties being reduced in response to development of said reservoir; and
continuously changing the qualitative information and the quantitative information associated with said set of uncertainties when the uncertainties are reduced in response to development of said reservoir. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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17. A program storage device readable by a machine tangibly embodying a program of instructions executable by the machine to perform method steps for uncertainty management adapted for managing uncertainties and risks during the development of a reservoir, said method steps comprising:
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determining a set of uncertainties pertaining to the development of said reservoir, said set of uncertainties including qualitative information and quantitative information, the uncertainties being reduced in response to development of said reservoir; and
continuously changing the qualitative information and the quantitative information associated with said set of uncertainties when the uncertainties are reduced in response to development of said reservoir. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24)
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25. A computer program adapted to be executed by a processor, said program, when executed by said processor, conducting a process for uncertainty management adapted for managing uncertainties and risks during the development of a reservoir, said process comprising:
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determining a set of uncertainties pertaining to the development of said reservoir, said set of uncertainties including qualitative information and quantitative information, the uncertainties being reduced in response to development of said reservoir; and
continuously changing the qualitative information and the quantitative information associated with said set of uncertainties when the uncertainties are reduced in response to development of said reservoir. - View Dependent Claims (26, 27, 28, 29, 30, 31, 32)
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Specification