Online risk management course – quantification, decision making and challenging risk status quo

I wanted to introduce to you our new online course developed by DCRO Institute and Risk Academy – Advanced Risk Governance. The course is built upon 2 fundamental principles: verifiable science and… Continue reading Online risk management course – quantification, decision making and challenging risk status quo

What is a risk register why you DO NOT need it

Let’s illustrate the type of problems typical risk registers create and why the use of qualitative or scoring risk registers use should be avoided by management and not accepted by… Continue reading What is a risk register why you DO NOT need it

Risk management training for employees

It never stops amazing me how common risk management ideas like “don’t use averages to plan”, “uncertainty affects decisions”, “assumptions need to checked”, “cognitive biases affect how people see risks”,… Continue reading Risk management training for employees

The most honest risk management benchmark. See how you compare against global peers

A while back I created a risk maturity methodology for the Auditor Generals Office in one of the Europeans countries. This model with some modification later became the basis for… Continue reading The most honest risk management benchmark. See how you compare against global peers

The lamest excuse for not quantifying risk and you are probably guilty of it too…

Every time risk professionals would have a conversation about risk analysis and specifically risk quantification, someone, inevitably, would come in on a high horse and use this excuse to supposedly… Continue reading The lamest excuse for not quantifying risk and you are probably guilty of it too…

4 types of risk analysis, 1 bad and 3 good examples

Say what you will about risk management in financial services, one thing is for sure, it is much more mature than risk management outside of financial services, at least when… Continue reading 4 types of risk analysis, 1 bad and 3 good examples

Step by step risk management implementation guide for professionals who want to move beyond RM1

Step by step video guide to implementing risk management 1 and 2. Let me know in the comments if this helped you and what would you add to the list.… Continue reading Step by step risk management implementation guide for professionals who want to move beyond RM1

Creating a risk-based audit plan, is it a myth?

The idea that audit plans should be risk based is so old and widely accepted that we give no second thought to it. And yet in my 16 years of… Continue reading Creating a risk-based audit plan, is it a myth?