Probability Management for Water Finance and Resource Managers

Key Takeaways From determining future water demands to setting rates, it's a given that most planning related to water requires managers to deal with uncertainties. If uncertainties are understood more clearly, then stakeholders buy in to resulting decisions more readily. Probability management...

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Veröffentlicht in:Journal - American Water Works Association 2021-01, Vol.113 (1), p.68-76
Hauptverfasser: Chesnutt, Thomas W., Hollis, Michael, Mitchell, David L., Kavanagh, Shayne, Pekelney, David M., Putt, Brian, Savage, Sam
Format: Artikel
Sprache:eng
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Zusammenfassung:Key Takeaways From determining future water demands to setting rates, it's a given that most planning related to water requires managers to deal with uncertainties. If uncertainties are understood more clearly, then stakeholders buy in to resulting decisions more readily. Probability management provides principles, methods, standards, and tools to reduce the cost of confronting uncertainty when making decisions.
ISSN:0003-150X
1551-8833
DOI:10.1002/awwa.1653