Warning when using Palisade PrecisionTree with @Risk

Warning! If you are using Palisade PrecisionTree together with @Risk using default settings the results are most likely inaccurate and missleading. Konstantin Dozhdikov discovered that if you leave the default settings in PrecisionTree, then use it in conjunction with @Risk, the results will be incorrect and unrealistic. I have tested this using different version of Palisade… Continue reading Warning when using Palisade PrecisionTree with @Risk

Gamification in Risk Management

Risk management business game 2014 In 2014 I collaborated with EY to develop Russia’s first risk management business game. It was great fun and as a result we created a pretty sophisticated business simulation. Participants were split into teams of 10, each person receiving a game card that describes their role (CEO, CFO, risk manager,… Continue reading Gamification in Risk Management