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  • Project Economics & Decision Analysis: Deterministic and Probabilistic Models

    Project Economics & Decision Analysis by Mian, M.A;

    Deterministic and Probabilistic Models

      • GET 10% OFF

      • The discount is only available for 'Alert of Favourite Topics' newsletter recipients.
      • Publisher's listprice GBP 143.00
      • The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.

        68 318 Ft (65 065 Ft + 5% VAT)
      • Discount 10% (cc. 6 832 Ft off)
      • Discounted price 61 486 Ft (58 559 Ft + 5% VAT)

    68 318 Ft

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    Availability

    Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
    Not in stock at Prospero.

    Why don't you give exact delivery time?

    Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.

    Product details:

    • Edition number 3
    • Publisher PennWell Books
    • Date of Publication 30 September 2025

    • ISBN 9781955578264
    • Binding Hardback
    • No. of pages805 pages
    • Size 229x152x25 mm
    • Weight 1408 g
    • Language English
    • 700

    Categories

    Short description:

    A practical guide to capital investment evaluation and decision analysis that unifies deterministic and probabilistic models with real-world case studies in oil and gas operations. Step-by-step examples, updated spreadsheet tools, and extensive teaching resources sharpen critical thinking for capital projects.

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    Long description:

    A clear, practical, and comprehensive guide to capital investment evaluation, capital budgeting, and decision analysis. Designed for students and professionals alike, the book walks readers step-by-step through decision-making under uncertainty, emphasizing real-world application with numerous solved examples, illustrations, and end-of-chapter problems. With a focus on building foundational knowledge and critical thinking, this edition makes complex concepts accessible while encouraging a big-picture understanding of oil and gas operations. The book is ideal for those looking to enhance their ability to analyze, interpret, and defend economic decisions in capital projects. The Third Edition presents a unified volume combining both Deterministic and Probabilistic models, streamlining the approach from previous separate volumes. All time-sensitive materials, figures, and tables have been updated for clarity. Real-world examples have been added to enhance understanding of key concepts. Expanded sections include weighted average cost of capital (WACC), international economics, and abandonment costs. A new chapter addresses commerciality assessment and reserves booking, and an advanced depreciation technique has been introduced. Updated spreadsheet models support decline curve analysis, and all decision tree and Monte Carlo problems have been revised using the latest Palisade DecisionToolsTM suite. In response to nearly two decades of user feedback, additional examples have been added for clarity. For instructors, a test bank of 300 questions and a set of 700 PowerPointTM slides are now available.

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