Understanding the Uncertainty

Babak Jafarizadeh*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter


This chapter discusses the concepts in more details. We make decisions because we want to achieve our goals. Yet, we live in an uncertain world and the outcome of our decisions would be uncertain. Therefore, we describe projects’ uncertainty using the language of probability. Our description makes the decision models, yet they cannot (and should not) reflect all aspects of the real world. We should simplify. Our models should be simple enough (and realistic enough) to be useful.

Original languageEnglish
Title of host publicationSpringerBriefs in Petroleum Geoscience and Engineering
Number of pages27
ISBN (Electronic)9783030961374
ISBN (Print)9783030961367
Publication statusPublished - 2022

Publication series

NameSpringerBriefs in Petroleum Geoscience and Engineering
ISSN (Print)2509-3126
ISSN (Electronic)2509-3134

ASJC Scopus subject areas

  • Geotechnical Engineering and Engineering Geology
  • Fuel Technology
  • Engineering (miscellaneous)


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