The planning and management of programs and large projects is inherently difficult, not only due to their complexity, but also because something almost always goes wrong (Murphy’s Law!). By combining the flexibility of a general-purpose and highly-graphical probabilistic simulation framework with specialized features to support financial modeling and scenario analysis, GoldSim is ideally suited as a high-level project planning tool suitable during the feasibility assessment and conceptual design phases, while the exact scope of the program is still in flux and it is critical to simulate the range of possible outcomes.
Showing posts with label alternative. Show all posts
Showing posts with label alternative. Show all posts
June 30, 2015
June 2, 2015
Stakeholder Involvement for Environmental Flow Alternatives
Posted by Jason Lillywhite
Sometimes it is a challenge to involve a diverse audience in the modeling process of a complex system. It is important that you adequately reflect the complexities of the system while at the same time present the results clearly and concisely for people that have different perspectives. Recently, Ryan Morrison (USGS) and Mark Stone (Assistant professor at UNM) were able to leverage the visual and dynamic strengths of GoldSim to successfully involve a diverse group of stakeholders in evaluating flow alternatives for the Rio Chama basin, New Mexico. I wanted to highlight this modeling application because of its unique approach within the world of dynamic simulation and to demonstrate the utility of GoldSim's new scenario management capability.
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