In 2018 I attempted to coin the distinction between “Risk Management 1” – cosmetic, governance-driven risk management, and “Risk Management 2” – value-adding risk management that drives better decision-making https://riskacademy.blog/rm1-vs-rm2-which-side-will-you-choose/ … Continue reading Risk management 2 is both a control and decision making tool
Tag: Risk management
Risk modelling your life – living expenses
Graeme Keith and I went on a quest to model our lives by applying state of the art risk management techniques. In the previous article we covered income and the… Continue reading Risk modelling your life – living expenses
Best of the best from RAW2021 – highlights from day 1
Day one of the Risk Awareness Week 2021 conference was dedicated to governance and the future of risk management. Speakers focused on key lessons such as how risk managers can… Continue reading Best of the best from RAW2021 – highlights from day 1
Risk modelling your life – income
Risk management is a powerful controlling and decision making tool for corporations. Graeme Keith and I went on a quest to model our lives and prove that risk management can… Continue reading Risk modelling your life – income
Better and greener decision making through risk management
This year’s Risk Awareness Week 2021, brought together expert speakers from across the globe, giving presentations on a wide range of themes. Sessions gave practical tips on everything from understanding… Continue reading Better and greener decision making through risk management
WATCH REPLAY: How to save $10M on insurance without changing limits or deductibles
Are you tired of lip service by brokers on how insurance decisions should be risk based? Are you as surprised as I am that most of the brokers are clueless… Continue reading WATCH REPLAY: How to save $10M on insurance without changing limits or deductibles
WATCH REPLAY: Rethinking Cyber Risk Responses
Let’s face it – security teams don’t have the resources to deal with every threat or respond to every risk. Work prioritization must be carefully considered, ensuring that the response… Continue reading WATCH REPLAY: Rethinking Cyber Risk Responses
WATCH REPLAY: Quantify legal and compliance risks from zero to hero
Assessing compliance and legal risks with qualitative and biased opinions is just malpractice. Change insurance and control provisions by using an estimator tool to calculate loss expectancy curves on contractual,… Continue reading WATCH REPLAY: Quantify legal and compliance risks from zero to hero
WATCH REPLAY: How to kill James Bond using Bayesian Inference
Proper risk management is vital to support decision making, to assess uncertainty and to balance the costs and benefits of your venture. It looks like most Bond movie villains are… Continue reading WATCH REPLAY: How to kill James Bond using Bayesian Inference
WATCH REPLAY: A Beginner’s Path to Probabilistic Project Scheduling
This presentation is targeted to project professionals who are interested in exploring how to create a probabilistic schedule, but may not know where to start, or what the benefits are… Continue reading WATCH REPLAY: A Beginner’s Path to Probabilistic Project Scheduling
