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Probabilistic Risk Analysis

Many clients like to have the in-house capacity to perform quantitative risk analysis and have the resources to train some personnel up to a certain level. However, some problems can be rather complicated or there may be a lot riding on the model being correct. In such circumstances, we provide a specialist service to produce the quantitative risk analysis model. The client usually provides the data and problem logic, which is by far the greatest part of the work, and we construct the model around this logic and data, ensuring that both are appropriate to the problem. This approach is a very efficient use of consultancy time and allows the client to both maintain control of the assessment and improve their modeling skills in the process. Modeling work is frequently carried out over the internet to minimise travelling time and expense.

 

Contacts
Main Lead :

HUYBERT GROENENDAAL, PhD, MBA, MSc

Toll Free (US) +1 866 259 7434
Tel +1 303 440 8524

Vose Consulting US Office
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Clients

At Vose Consulting we believe in partnering relationships with our clients: that is, we strive to structure our clients' use of our time to maximize their benefit. To that end we prefer to work, wherever possible, alongside the client, demonstrating and teaching as we go the methods we use and sharing as much of the work as possible with the clients' personnel. This maximizes the transfer of knowledge, so that the client is better able to understand our work, and more capable of doing future projects by themselves. We aim for long-term relationships with our clients.

    • Tesco, UK
    • Conoco Phillips, USA
    • Duke Energy, USA
    • ABN AMRO
    • Eli Lilly, USA
    • View all clients
 

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Example Projects

Project Cost Risk Assessment

Problem:

A large energy firm planned to build a $500M+ liquid natural gas pipeline. There were considerable risks associated with the project. Based on experience, the firm knew that project costs often exceed budgeted costs by a considerable margin. The firm commissioned Vose Consulting to perform a project cost risk analysis.

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Health Risk Analysis

Problem:
Given concerns about human risk from antibiotic-resistant bacteria from using antibiotics in animals, the US Food & Drug Administration (FDA) was faced with the question of whether to continue to allow use of fluoroquinolones in poultry.

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Training courses

Vose Consulting primary goal is to help clients make better, more informed decisions in the face of uncertainty and risk. We accomplish this goal through a combination of risk analysis consulting, training, and software. We believe that training is essential in all customer engagements. Vose Consulting provides training in many aspects of risk analysis, from general probabilistic modeling to complex financial and project risk analysis. We have a particular focus and expertise on quantitative risk analysis and modeling. Below you can see the list of training courses suggested by Vose Consulting. To see all trainings and schedules courses, please click on the links following the list.

 

Scheduled courses

Other courses

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