Fuel Your Mind with…

  • On-demand training videos developed by our industry experts

  • Easy-to-use simulation tools that will provide an 80-20 solution for typical production monitoring and optimization workflows

  • Technical articles and abstracts centered around energy industry knowledge and lessons learned

    We want to do our part and make sure that new decision makers have the right tools, guidance, mentors, and coaches to help them make the right decision the first time, every time.

Technical Article GATE Energy Technical Article GATE Energy

Systemic Risk in Major Capital Projects: Why Traditional Cost Estimation Fails & How to Fix It

If you’ve been involved in capital project planning, you’ve likely seen it happen—despite detailed estimates, careful risk assessments, and robust controls, cost overruns and schedule delays remain persistent challenges.

The truth is, that most cost overruns are not caused by unexpected project-specific risks but by systemic risks—deeply embedded, structural uncertainties that traditional estimation methods fail to capture.

Read More