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When Will It Be Ready? Monte Carlo Analysis for Schedules

Sean Salleh 16 Jul 2013 Risk and uncertainty

You may be able to throw more money and people at a project, even if it’s not always advisable. But time? When time’s gone, it’s gone. To help plan and track project schedules, various methods and tools...

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Risk Analysis in Project Management

Sean Salleh 15 Jul 2013 Risk and uncertainty

The first challenge in understanding risk analysis in project management is to nail the definition of risk analysis. International standards like ISO 31000 notwithstanding, there are various definitions in circulation. We’ll stick here with the definition of risk analysis as...

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Does Decision Tree Software Soften your Brain?

Sean Salleh 12 Jul 2013 Modeling methods

Rely on anything too much and you’ll end up sacrificing some ability. Kids with calculators are prime examples: ask them to add two and two, and watch those fingers fly around the calculator keypad. It’s a world turned...

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Renewable Energy Analysis and the Bottom Line

Sean Salleh 11 Jul 2013 Energy and environment

Sun, wind and biomass are the renewable energy sources that often come to mind, with geothermal, tidal and hydropower as further choices. The fear about fossil fuels running out is a driving force for the development of renewable energy sources,...

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Computer Industry Analysis: Catching the Next Wave

Sean Salleh 10 Jul 2013

The computer  industry is projected to be worth $253 billion in 2017 (and that’s just the personal computer industry).  When analyzing such a huge and sprawling industry, the trick  is to know where to start. Is a classical...

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What Every Person Should Know about Risk Assessment

Sean Salleh 09 Jul 2013 Risk and uncertainty

What is the minimum amount of knowledge that professionals should have about risk assessment, given the vast size of this field? Risk affects reputations, safety, profitability and innumerable other items. Although a certain number of people have specific responsibilities in...

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Datacenter Capacity Planning and Modeling Virtualization

Sean Salleh 08 Jul 2013 Case studies and applications

What goes around comes around. Do you know how old virtualization is really? Although it’s a buzzword today thanks to the rapid growth of cloud computing and vendors like Amazon with its Elastic Cloud Compute offering, virtualization is over 30...

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Modeling Software as a Service (SaaS) for Revenue Projections

Sean Salleh 05 Jul 2013 Modeling methods

‘Cloudify’ – a new verb in the English language signifying to design or adapt a resource or a process for operation in the cloud. See also cloudification (design, adaptation, modeling software for the cloud). ‘Software as a Service’...

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Prescriptive Analytics and Social Network Marketing

Sean Salleh 04 Jul 2013 Modeling methods

Are prescriptive analytics ‘the Final Frontier’ of analytics? This apparently is how market research firm Gartner sees this area, melding this third phase of business analytics with images of Star Trek. Prescriptive analytics are now increasingly presented as the...

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Green Decision Analysis and the Long Tailpipe

Sean Salleh 03 Jul 2013 Energy and environment

Going green is held to be ecologically sound and financially advantageous; and in many cases, it is. In many cases however, it’s also a decision involving a number of different criteria. Building more environmentally friendly buildings, using greener modes...

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