WATCH REPLAY: Identifying and understanding optionality with value of information

Meat and potatoes decision analysis is OK, but you are possibly missing the big upside of optionality in your evaluation. We will develop a case study and learn some critical elements as we conduct real-time the analysis that might impact our choices – picking the proper reference case, the impact of essential assumptions, how new information can give us optionality.

This will be a dialogue between Alex Sidorenko and Brian Putt. We will utilize an active DA model in SIPmath that we work to answer Alex’s questions as he develops optionality for his decision. Graphics will play a large part in explaining the value of optionality.

Join us for this unplanned journey into value of imperfect information.

Alex has created a short bootcamp designed to help companies implement quantitative risk management. Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. That's exactly what Alex Sidorenko did at a global $10B chemical company and he has been kind enough to share his top tips and lessons learned with you each week. Sign up now!

Brian is currently a Decision Quality Consultant to assist organizations in making good decisions using probabilistic analysis. He maintains a YouTube Channel that include a number of instructional videos on Excel and SIPmath applications. After retirement from Chevron in 2016 he has volunteered with the non-profit Probability Management ( to promote Decision Quality using SIPmath.

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