Laurence Kell & Iago Mosqueira
Your Presentation Date
1 Agree Management Objectives and develop quantitative performance metrics
2 Identify what Information is known about the resource, including major Uncertainties
3 Conditioning Operating Models
4 Identify Candidate Management Procedures, e.g. model based v. empirical
5 Run Simulations
6 Compare Performance, evaluate tradeoffs, and select strategy that best achieves management objectives