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How to build a complex Hybrid AI model to predict oil and gas projects over costs?
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How to build a complex Hybrid AI model to predict oil and gas projects over costs?

Last Updated on July 26, 2023 by Editorial Team

Author(s): Felipe Sanchez Garzón

Originally published on Towards AI.

Hybrid AI model for energy project cost overruns


Photo by Warner on Unsplash

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In this post, I will explain step by step how it is possible to create a hybrid artificial intelligence model that is able to predict the probability that an energy project (oil and gas in this case) will have cost overruns. This post is based on my Ph.D. research. (The complete paper inspiring this post can be found with open access here).

The project management aims at increasing projects’ probability of success, which is expressed in terms of key operational performances achievement (clients’ value, lead time,… Read the full blog for free on Medium.

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