Retired Decision Analyst, Chevron
Brian worked 41 years with Chevron performing project analysis the final 25 years and has portfolio and planning experience in the petroleum industry. He holds a BA in Economics from Claremont McKenna College, BS in General Engineering from Stanford University, and a MS in Operations Research from Stanford University. While at Chevron he was instrumental in developing the DA practice which grew to 230 DA practitioners around the world.
Since retirement in 2016 through the non-profit Probability Management he has promoted the use of SIPmath for making decision under uncertainty. Applications include classical decision trees, value of information (VOI), cost & schedule risk analysis (CSRA), financial forecasting and portfolio analysis. He has conducted training sessions at the Naval Post Graduate School in Monterey, Stanford University and University of San Francisco He maintains a YouTube Channel that includes a number of instructional videos on Excel and SIPmath applications. He is a member of INFORMS and SDP. He is currently active in Decision Education Foundation (DEF) and the Boy Scouts.
Projects are frequently over cost (budget) and/or behind schedule. Cost overruns are common in infrastructure, building, and technology projects. For IT projects, a 2004 industry study by the Standish Group found an average cost overrun of 43 percent; 71 percent of projects came in over budget, exceeded time estimates, and had estimated too narrow a […]