CONSULTANTS' CORNER

ERCI was formed in February 1994 to develop and service software to help companies manage their environmental liabilities and project more effectively. The company participates in the Microsoft Developer Network and the American Society of Testing & Materials Environmental Risk committee.

Crystal Ball is used to bracket major cost variables in environmental projects. These variables are often bracketed through consensus with other parts of a major company (production, real estate, finance, etc.). Through this process, environmental project managers reach strategy decisions (select fastest technology, lease out property during cleanup, use risk-based corrective action cleanup standards) that reflect the current understanding of project risks, and the value of additional information.

John Rosengard
2101 Tunnel Road
Oakland, California 94611
www.erci.com

510.548.5570
415.336.5085 (mobile)
510.548.5571
jr@erci.com

Chemical
Petroleum
Manufacturing
Real Estate

Strategy selection for environmental projects; brownfield economics, environmental reserves calculation

Crystal Ball Professional

Crystal Ball is used with our software, Defender, to restate environmental projects in, net present value terms, and then sum the ranged projects into a ranged budget for the full portfolio of projects. This information is used to provide the audit trail for environmental reserve forecasts and other reports needed for SEC, ISO 14000, and insurer disclosure.

Decision Analysis
Monte Carlo Simulation
Risk Analysis