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Uncertainty economic in Earth Resource Management
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Uncertainty issue is Economic

UNCERTAINTY always means a loss in terms of the ECONOMIC value of an Earth Resource management  project.

Uncertainty economic Earth Resource Management diagram

Because of UNCERTAINTY, there is an inevitable gap between EXPECTED resource values made from MODELS  and RESULTING resource values obtained after operating the actual RESOURCE.

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RESULTING decision KPI s (Exploration success, Production plans, Reserve estimates…) are always lower than IDEAL KPIs that would have been obtained in the ideal but unrealistic case of no UNCERTAINTY.


Thus, UNCERTAINTY always means a loss in terms of the ECONOMIC value of the project. 

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