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dc.contributor.advisor Hosny, Ossama
dc.contributor.advisor Nassar, Khaled El Dawody, Safinaz
dc.creator El Dawody, Safinaz 2012-09-19T08:10:13Z 2012-09-19T16:00:07Z 2012 Summer 2012-09-19T08:10:13Z
dc.description.abstract Oil and gas projects require extensive experience in project management in order to successfully fulfill project objectives. A number of computer-aided tools have been developed and became effectively used in educating students and training engineers on different aspects of the project management domain. However, none of these tools have been developed specifically for the petroleum industry although it incorporates high-risk standards requiring well-trained engineers on risk management. The objective of this research is to introduce the concepts of risk management to different participants involved in the oil and gas industry, increase their awareness for the vital need for proper risk assessment in addition to providing them with an educational tool to enhance their capability for efficiently managing risks associated with their projects. A computer simulation tool is developed in the form of a game for the purpose of training and enhancing engineersâ capabilities in risk management. The tool named RIG (Risk management Interactive Game) simulates the construction phase for a petroleum development project involving the effect of the different risk factors on the time and cost of the main project milestones: procurement, fabrication and installation. The project involves installing an offshore platform and the required pipeline for exporting the production to the onshore treatment facilities. RIG was evaluated through: performing multiple runs and replications and performing sensitivity analysis to check the validity of the model with its results; in addition to testing on less experienced engineers to validate its simplicity, comprehensiveness and applicability as an educational tool to enhance their skills. Findings show that RIG can contribute in risk management training in addition to decision-making skills for petroleum projects and the model was successfully giving very good results reflecting reality. The sensitivity analysis was performed to validate the model and the findings were that the main variables having the great impact on the final profit were the contingency percentage and the preventive actions decided by the user; and the analysis proved that increasing the contingency percentage would increase the final profit but to a certain limit unless proper risk identification was performed. Additionally, the most significant preventive actions were determined for the chosen sample project. en
dc.format.medium theses en
dc.language.iso en en
dc.rights Author retains all rights with regard to copyright. en
dc.subject Risk management en
dc.subject.lcsh Thesis (M.A.)--American University in Cairo en
dc.subject.lcsh Expert systems (Computer science)
dc.subject.lcsh Risk management.
dc.subject.lcsh Wireless communication systems -- Computer simulation.
dc.subject.lcsh Risk management
dc.title Interactive risk management approach: a simulation game â RIGâ en
dc.type Text en
dc.subject.discipline Construction Engineering en
dc.rights.access This item is available en
dc.contributor.department American University in Cairo. Dept. of Construction and Architectural Engineering en
dc.description.irb American University in Cairo Institutional Review Board approval has been obtained for this item. en

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  • Theses and Dissertations [1518]
    This collection includes theses and dissertations authored by American University in Cairo graduate students.

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