Quantifying expert judgment in prudence assessments

Conference · Wed Nov 01 04:00:00 EST 1989 · Transactions of the American Nuclear Society; (United States)

OSTI ID:5419426

Bowen, L A ^[1]

---

1. Fluor Engineers, Inc., Irvine, CA (USA)

Electric utilities are being subjected to unprecedented pressures to justify their prudence and/or reasonableness in managing outage, operation, and construction activities at their generating facilities. Frequently, management decision justification in rate case or legal proceedings is highly dependent on expert judgment. Fluor Daniel has applied decision analysis methods to quantify expert judgments on the reasonableness of management decisions. These complement experts' qualitative thinking and reasoning by analyzing the components of a complex management problem with an uncertain outcome. Quantification methods lend themselves to synthesizing information from several technical disciplines with clear communication of the experts' thinking and reasoning.

• OSTI ID: 5419426
• Report Number(s): CONF-891103--
• Conference Information: Journal Name: Transactions of the American Nuclear Society; (United States) Journal Volume: 60
• Country of Publication: United States
• Language: English

Related Subjects

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
210800* -- Nuclear Power Plants-- Economics
CONSTRUCTION
DECISION MAKING
ECONOMICS
ELECTRIC UTILITIES
EVALUATION
INSPECTION
LEGAL ASPECTS
MANAGEMENT
NUCLEAR FACILITIES
NUCLEAR POWER PLANTS
OPERATION
POWER PLANTS
PROBABILITY
PUBLIC UTILITIES
REACTOR OPERATION
SAMPLING
SENSITIVITY
THERMAL POWER PLANTS