Industry Decision Support

OUR FRAMEWORK IS A SOLUTION ACROSS INDUSTRIES

THE DEGREE OF COMPLEX INVESTMENT DECISIONS ARE NOT UNIQUE TO ONE INDUSTRY

The degree of complexity depends on the business’ value chain complexity, the number of interfaces it has to consider, the degree of ambiguity in the opportunity or problem being assessed, the degree of internal and external uncertainties and risks, and the degree of stakeholder impact to the solution.

We Support Multiple Industries

REALIZE VALUE THROUGH SOUND DECISION-MAKING
Energy

With extensive experience in the energy industry, we support both petroleum and renewable businesses. We help solve complex problems and opportunities related to greenfield and brownfield investments. We also support service companies with decision quality around development of solutions, cost, incremental value prepositions, and bid analysis.

Examples of efforts we support

  • Production and asset development
  • Business Development (organic and non-organic)
  • Solar, wind, and hydro-power projects
  • Drilling decisions
  • Exploration, appraisal, and prospect evaluations
  • Infrastructure projects
  • Portfolio optimization
  • Project Cost & Schedule Risk Assessment
  • Value of Imperfect Information studies
  • ++
Pharmaceutical & Biotechnology

We evaluate high-risk investments in new technologies, R&D, and drug developments. We enable you to prioritize your resources and make capital-efficient investments. Performing Value of Information (VOI) studies to right-size your clinical trials and testing programs.

Examples of efforts we support

  • Valuation and evaluation of technologies, R&D, or drug development
  • Value of Information (Bayesian Statistics) of clinical trials/testing using sensitivity and specificity
  • Healthcare decisions in disease and pandemic situations
  • Real Option evaluations
  • Investment Cost & Schedule Risk Assessment
  • Portfolio optimization
  • ++
Consumer Products & Services

Through quantitative modeling of key uncertainties, we help you understand the risks associated with strategic decisions such as distribution and logistics, storage needs, product launching, marketing & sales, and production.

Examples of efforts we support

  • Valuation of marketing campaigns
  • Evaluation of risks associated with launching a new product
  • Optimization of inventory and storage philosophy through queuing-models
  • Real Option evaluations and Value of Information studies
  • Portfolio optimization
  • ++
Minerals, Materials, & Other Industries

We conduct deterministic and probabilistic analysis that incorporates decisions, micro-and macro uncertainties to give you a full understanding of your investment risk, how this particular investment contributes to the overall portfolio and how the investment should be implemented to maximize value.

Examples of efforts we support

  • Valuations of opportunities
  • Design of facility production capacities
  • Optimization of production and asset development
  • Business Development (organic and non-organic)
  • Infrastructure projects
  • Portfolio optimization
  • Project Cost & Schedule Risk Assessment
  • ++

Finance & IT Services

By the use of probabilistic analysis we help financial services or functions with incorporating micro and macro risks & uncertainties, optimize portfolios, provide financial forecasts, define budget allocation prioritize, or take part in due diligence efforts for investments.

Customers and contractors for IT projects could benefit from objective-focused framing, a structured decision-making framework, and clarity around the project cost & schedule risks.

Examples of efforts we support

  • Framing and scoping of IT projects
  • Financial cash management decisions and prioritization under risk and uncertainty
  • Strategic planning, and budget formation and allocation
  • Framing & facilitation of problems and opportunities
  • Decision governance for IT projects
  • Risk assessments of project overruns (cost & schedule)
Government & Social Investments

We support quality control of concept development, project cost & schedule predictions, early-phase project reviews, and help steer decision-making with multiple conflicting objectives.

Examples of efforts we support

  • Multi-objective decision analysis and risk mitigation
  • Project Cost & Schedule Risk Assessment
  • Mitigation assessments for project development and execution
  • Conduct concept evaluations
  • Act as independent project quality specialist
  • Framing and facilitation of complex projects
  • Create alignment between stakeholders
  • Valuation of investments
  • Quality control of probabilistic cost and schedule forecasts
  • Project scoping and incremental value assessments
  • ++

TESTIMONIALS..

..FROM COMPANIES THAT ACCEPT THAT UNCERTAINTIES AND RISKS EXIST AND WANT TO UNDERSTAND THEM BEFORE MAKING DECISIONS

“During my 15 years in the oil and gas industry I have worked with many decision professionals, yet [ThinQ] stands apart in their knowledge and application of Decision Science skills and methodology.”

Commercial Advisor for an international energy company

“The expertise in Decision Science and general commercial awareness is of the highest level that I have worked with. I am continually impressed with the amount of high-quality work provided in very short time periods to support project needs.”

Project Manager for an international energy company

“Learning about the concept of Value of Information and that not all information adds value, not only saved us millions, it changed the way I will view appraisal evaluations going forward.”

Reservoir Management Engineer for a subsurface group

“The work that was done had a significant impact on the decisions made for several multi-billion dollar capital projects. High-quality technical knowledge and guidance to decision-makers and management team enabled easier trade-offs between decision criteria”

Strategy and Planning Manager for an international energy company

ThinQ Decisions

PROVIDE CLEAR CHOICES

Nydalsveien 33

0484 Oslo

Norway

info@thinQdecisions.com


Organization number: 928 558 177 MVA