5 reasons why internal auditors need to attend #RAW2020

Risk Management Awareness Week from 12 to 16 October 2020 is a perfect place for internal auditors to learn. Risk Awareness Week RAW2020 brings some of the leading risk management researchers and practitioners to your computer or mobile phone. It is designed to raise awareness about risk management application in planning, forecasting, budgeting, construction, investments… Continue reading 5 reasons why internal auditors need to attend #RAW2020

Share your risk management story and win a free VIP pass to #RAW2020

Share your risk management story in the comments below and get a chance to win a free VIP pass to #RAW2020 (valued at $100): https://2020.riskawarenessweek.com/ RAW2020 is dedicated to sharing and raising awareness. Help new risk managers, share your story. Tell us: how did you get into risk management? what are the 3 things you… Continue reading Share your risk management story and win a free VIP pass to #RAW2020

Leading in a VUCA World: What You Need to Succeed – Dr. Karen Hardy

https://2020.riskawarenessweek.com/talks/leading-in-a-vuca-world-what-you-need-to-succeed/ There is a new skillset that will be needed by risk professionals in order to succeed in the post-COVID environment: known as the VUCA World! Organizations will be looking to risk professionals to deliver higher value that will go beyond the typical technical expertise of developing risk registers. Discover the missing skill a d… Continue reading Leading in a VUCA World: What You Need to Succeed – Dr. Karen Hardy

Impact of Covid-19 pandemic outbreak on Top Risks – Joachim Schulte

https://2020.riskawarenessweek.com/talks/impact-of-covid-19-outbreak-on-top-risks/ This talk shows what has been done to assess the impact of Covid-19 pandemic outbreak on the most important risks of the company (Top Risks). The idea was that risk management should help the company to make difficult decisions during a crisis. The approach is based on quantitative risk management, in particular Monte-Carlo simulation,… Continue reading Impact of Covid-19 pandemic outbreak on Top Risks – Joachim Schulte

Successful use of risk modelling and simulations in public private partnerships – Yehuda Sapir

https://2020.riskawarenessweek.com/talks/successful-use-of-risk-modelling-and-simulations-in-public-private-partnerships/ Civil engineering mega projects hardly exercises efficient and effective risk management in general, and lacks utilizing advanced simulations such as Monte Carlo, to support decision making. The webinar will demonstrate successful utilization of these simulations, along the project’s life cycle and road map, supporting decision making in critical points such as contingency decision. The… Continue reading Successful use of risk modelling and simulations in public private partnerships – Yehuda Sapir

Agricultural Risk Analysis: art and science – Ariadna Berger

https://2020.riskawarenessweek.com/talks/agricultural-risk-analysis-art-and-science/ In Argentina we have been applying risk assessment and management concepts in farming for more than twenty years. Price and yield risk can be managed through diversification. Agricultural portfolios can be created by mixing different crops and/or different climate zones, soils and cultivation practices. We also apply risk management to reduce price risk through… Continue reading Agricultural Risk Analysis: art and science – Ariadna Berger

Leadership and the Future of Prediction -Prof. Diana Derval

https://2020.riskawarenessweek.com/talks/leadership-risk-screening-and-public-health/ In this session, Prof. Derval will review following aspects of predictive systems: What can we predict? How to make an accurate prediction? Which experts and data can help? What is coming next in terms of predictive approaches? Main outcome is that: the same personas, in the same context behave in the same way. We… Continue reading Leadership and the Future of Prediction -Prof. Diana Derval

Data-driven decisions for smart legal and compliance professionals – Hernan Huwyler

https://2020.riskawarenessweek.com/talks/data-driven-decisions-for-smart-legal-and-compliance-professionals/ To many legal and compliance professionals, risk assessments are bureaucratic paperwork for regulatory reporting and corporate defence. Clearly, it is not adding any value for deciding the allocation of resources and controls in the ethics and compliance programs. The consequences of siloed and biased assessments can be fatal for the organization, and also, for… Continue reading Data-driven decisions for smart legal and compliance professionals – Hernan Huwyler

Escalation: The Forgotten Risk – John Hollmann

https://2020.riskawarenessweek.com/talks/escalation-the-forgotten-risk/ Every project cost estimate includes some allowance for price escalation in its midst. However, few recognize escalation for the potentially devastating risk that it can be. For example, from 2005 to 2008 the price to get a process plant built increased by 50% at a time of negligible inflation. Economic cycles like these are… Continue reading Escalation: The Forgotten Risk – John Hollmann

Using game theory to make better decisions – Paul Papayoanou

https://2020.riskawarenessweek.com/talks/using-game-theory-to-make-better-decisions/ Many business decisions involve competitive risks or opportunities to cooperate in negotiations or partnerships. Yet traditional risk assessment methods are inadequate for understanding what decisions should be made in such situations. Game theory can help address this shortcoming. This workshop will review why and how game theory should be used to reduce uncertainty about… Continue reading Using game theory to make better decisions – Paul Papayoanou