Four ways to add value to model development

09 December 2010
 

Case study 1: general desktop review

Project: US toll road (‘managed lanes’ project with dynamic pricing)

Client: insurance company

These tend to be short commissions (usually 5-10 days) that involve reviewing modelling reports and the associated technical documentation. Assumptions are assessed to check for reasonableness and to detect bias.  This may involve background research to verify quoted parameter values and statistics. A number of tables and figures are re-created (to...

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