From Controversy to Consensus: Decommissioning California's Offshore Oil Platforms

Featuring Max Henrion, and Carl Spetzler

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PMI Membership
$129 /year
(plus $10 application fee)
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PMI Membership perks include job opportunities, local chapters, respected publications, and standards.   Learn more
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Premium Content
PMI Membership
$129 /year
(plus $10 application fee)
Sign up to view this on-demand webinar and get unlimited access to our library of webinars, time-saving templates and more.
PMI Membership perks include job opportunities, local chapters, respected publications, and standards.   Learn more
Already a PMI Member? Log in now.
60m 08s
Duration
1.00
PDUs
1,601
Views

Overview

Like many issues of energy and environment, the question of how to decommission California's 27 offshore oil platforms was highly controversial. Presenters Carl Speltzer and Max Henrion llustrate the value of:

  • Using decision trees and influence diagrams to build and communicate the model
  • Examining different points of view with a multi-attribute decision model
  • Enabling stakeholders to explore the effects of changing assumptions and preferences using interactive decision software
  • Analyzing sensitivities to uncertainties and preferences
  • Creatively designing better decision options 

 

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Acknowledgements: Rebecca Braglio and Stephen Strickland

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I see where one young boy has just passed 500 hours sitting in a treetop. There is a good deal of discussion as to what to do with a civilization that produces prodigies like that. Wouldn't it be a good idea to take his ladder away from him and leave him up there?

- Will Rogers

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