quantitative risk analysis

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

It’s been a tough year in Europe. So many lives unnecessarily lost and cities destroyed because one leader lost the plot and had no governance structures in place to stop… Continue reading 5 New Year recommendations from RISK-ACADEMY

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…

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

Archer got together with Alex Sidorenko, FERMA Risk Manager of the Year 2021, RIMS International Honoree 2021, to create this practical bootcamp designed to help companies implement quantitative risk management… Continue reading 5-week risk quantification bootcamp by Alex Sidorenko and #Archer

Don’t ignore expected losses In risk management there is a concept that will be useful for any business out there, it is called – EXPECTED LOSSES. This means that certain… Continue reading 3 steps to make your business more resilient

While I written this post about compliance risks in the past, I later applied exactly the same math and logic to any non financial risk, including intellectual property, legal, environmental,… Continue reading You can quantify any risk on the planet, just follow these steps

I bet every person working in a large corporation or reading me on LinkedIn knows at least one risk manager. Maybe you like them, maybe you ignore them, but can… Continue reading Is your risk manager a USER or a GENERATOR? What about you?

I wanted to start with some typical math problems in school: Two cars started from the same point, at 5 am, travelling in opposite directions at 40 and 50 mph respectively.… Continue reading Your kids are not taught risk management at school, you have to do it

Risk management 2 shouldn’t be difficult. So I started on a quest to come up with a simple methodology for quantitative risk analysis that will actually improve decision making. This… Continue reading 3 steps to apply Monte-Carlo simulations to any investment project decision