GoldSim in the Academic Community

Posted by Ryan Roper

Most of you are probably aware that GoldSim is used for a wide variety of commercial applications including mine water balance, water resource management, radioactive waste management, project planning and risk and reliability analysis. There are active commercial users in over 50 countries (http://www.goldsim.com/Web/Solutions/Customers/). In addition to these, however, we have another group of users that you may not be aware of: the academic community. There are GoldSim academic licenses at about 150 universities in over 40 different countries.

Using GoldSim to Simulate Projects

Posted by Jason Lillywhite

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.