Our Projects
Our team at Forward Thinking Company is composed of experts who have contributed to groundbreaking projects in their respective fields. While these projects were not executed under the Forward Thinking Company, they reflect the extensive experience and innovative approach our team brings to the table.
Oil and Gas Network Risk Assessment
- Integrated segment database and dynamic segmentation
- Threat likelihood models for ASME categories
- Consequence model with high-consequence-area identification
- Integrity action cost-effectiveness library and resequenced
multi-year plan
- Hydrogen-blend readiness screening for candidate corridors
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Gas-Fired Power Plants PRA
- FMECA registers for major plant systems at different sites
- Degradation and failure probability models for 60+ critical components
- Plant-level fault tree models and forced-outage risk ranking
- Prognostic health monitoring specification and implementation roadmap
- Long-term risk-optimized outage and overhaul plan
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Risk Assessment of Transmission Grid Assets
- Failure probability models for line and substation asset classes
- Line-level and network-level consequence models with contingency analysis
- Asset-to-region risk aggregation and ranking
- 15-year inspection, maintenance, and replacement roadmap
- Priority action list and technical basis report
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Power Grid Wildfire Risk Assessment
- Segment-level ignition likelihood and consequence models
- Territory-wide wildfire risk ranking with uncertainty bands
- Mitigation cost-effectiveness analysis for six options
- Scenario-based decision support tool for planners
- Technical basis document supporting the wildfire mitigation plan filing
Risk Assessment of
Power Grid Distribution Assets
- Condition-based failure probability models for seven asset classes
- Asset-level risk scores with consequence mapping
Feeder, substation, and district risk aggregation views
- Intervention cost-effectiveness library
- Ten-year risk-optimized inspection, maintenance, and
replacement plan
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Optimization Tools
Our comprehensive optimization toolkits are designed to streamline both design and operational processes across various utility applications. From allocating resources to minimize downtime, to crafting mitigation plans within strict budgetary and labor constraints, we tailor solutions that meet your specific challenges. We also optimize power plant operating conditions and maintenance schedules, as well as determine the ideal inspection types and intervals to maximize actionable insights—all while adhering to financial limitations. These powerful toolkits empower you to make decisions that boost efficiency, reliability, and overall system performance.
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Visualization Tools
Our expert team designs powerful visualization toolkits that transform complex datasets into clear, meaningful insights. Built to handle large-scale data, these tools highlight relationships between variables and enable you to quickly identify key patterns. With user-friendly features and interactive elements, our visualization solutions empower you to easily explore your data and uncover valuable information that drives informed decision-making.
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Simulation Tools
Our digital twin and simulation services provide a comprehensive solution to understand and optimize your system’s performance. By creating virtual replicas, we enable detailed analysis and predictive modeling of system behavior under various conditions. Our tools integrate physics-based models with data-driven approaches, offering flexibility based on the available knowledge about your system. This hybrid approach allows for accurate scenario testing, performance optimization, fault detection, and real-time updates using IoT data, empowering you to make informed decisions, improve efficiency, and reduce risks across diverse operational environments.
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Strategic Decision Support
Our digital twin and simulation services provide a comprehensive solution to understand and optimize your system’s performance. By creating virtual replicas, we enable detailed analysis and predictive modeling of system behavior under various conditions. Our tools integrate physics-based models with data-driven approaches, offering flexibility based on the available knowledge about your system. This hybrid approach allows for accurate scenario testing, performance optimization, fault detection, and real-time updates using IoT data, empowering you to make informed decisions, improve efficiency, and reduce risks across diverse operational environments.
Enterprise Risk Register and Executive Risk Dashboard
- Enterprise risk taxonomy and register (structured database)
- Calibrated 5×5 scoring model with quantitative anchors and guidance
- Bow-tie diagrams and controls library for enterprise-tier risks
- Interactive executive risk dashboard with drill-down
- Governance procedure, ownership matrix, and quarterly refresh playbook
Expert Witness Services
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Case Study 01: Rooftop Support Frame Structural Failure
Case Study 02: Lithium-Ion Battery Fire: Origin and Cause
Case Study 03: Commercial Vehicle Accident Reconstruction
Case Study 04: Cyber Incident and Business Interruption Quantification
Case Study 05: Equipment Failure Predictability Using Monitoring Data
Case Study 06: Offshore Dynamic Positioning Incident Analysis