Within 150 years of Benjamin Franklin’s reckless kite experiment, which proved “The Sameness of the Electric Matter with that of Lightning,” electrification was distributing electric matter directly to homes and… Continue reading Chancification – wiring your organization for probability by Sam Savage
Doug Hubbard, owner of Hubbard Decision Research, explains why subject matter experts must be calibrated like any other measurement instrument. Do you calibrate your subject matter experts (SMEs)? If not,… Continue reading WATCH REPLAY: Doug Hubbard – The importance of having FrankenSMEs during risk identification or decision making
https://2020.riskawarenessweek.com/talks/addressing-the-failure-of-risk-quantification-moving-from-speculating-on-project-complexity-to-actually-quantifying-it/ This report is based on the author’s recent book ‘Modern Risk Quantification in Complex Projects: Non-linear Monte Carlo and System Dynamics Methodologies’ published by Oxford University Press this year.… Continue reading WATCH REPLAY: Addressing the Failure of Risk Quantification: Moving from Speculating on Project Complexity to Actually Quantifying It
https://2020.riskawarenessweek.com/talks/complexity-moving-beyond-talk/ Most of us have read about or heard talks on “complexity”; its nature, its impact on projects and ways to deal with it. Many have also worked on complex… Continue reading WATCH REPLAY: Complexity: Moving Beyond Talk
How do organizations manage risk today? What risk management processes do they use – and to what effect? Douglas Hubbard (author of How to measure anything in cyber and The Failure… Continue reading Survey with a prize: How do organizations manage risk today?