If there is one thing I learned as a CRO, it is crucial to understand the nature of each and every risk we have to work with. I will no… Continue reading What is a risk? It’s not what you think it is
Tag: simulation
WATCH REPLAY: Benoit Ladouceur – Five distributions that will immediately improve your risk analysis
“It may sound like modelling is a nearly mythical experience where you need to have a firm grasp of arcane mathematics and hermetic financial models to do simulations, but that’s… Continue reading WATCH REPLAY: Benoit Ladouceur – Five distributions that will immediately improve your risk analysis
Compliance Risk Management – Risk analysis (part 5)
Step 5. Measure the effect of risks on decisions In order to account for the uncertainty both in the consequences of each scenario and its weight, consequence distributions are multiplied… Continue reading Compliance Risk Management – Risk analysis (part 5)
WATCH REPLAY: Torsten Röhner – Why probability is critical for meaningful financial modelling
Torsten Röhner, founder and managing director of Syconomic, demonstrates why financial models that do not account for probability are virtually meaningless. “Most innovations in financial modelling solve the wrong problem…… Continue reading WATCH REPLAY: Torsten Röhner – Why probability is critical for meaningful financial modelling
WATCH REPLAY: Duncan Harwood – Why every risk manager must be using Monte Carlo modelling to evaluate effect of risks
Given the uncertainties businesses have faced as result of the Covid-19 pandemic, it’s hardly surprising many are looking to improve how they do risk management. According to Duncan Harwood, managing… Continue reading WATCH REPLAY: Duncan Harwood – Why every risk manager must be using Monte Carlo modelling to evaluate effect of risks
WATCH REPLAY: Uncertainty based capacity optimization
https://2020.riskawarenessweek.com/talks/uncertainty-based-capacity-optimization/ Most companies apply capacity planning to define when to invest in what equipment in order to be able to meet demand. For most companies, this is done using a… Continue reading WATCH REPLAY: Uncertainty based capacity optimization
3 steps to apply Monte-Carlo simulations to any investment project decision
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
WATCH REPLAY: 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… Continue reading WATCH REPLAY: Impact of Covid-19 pandemic outbreak on Top Risks – Joachim Schulte
WATCH REPLAY: 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… Continue reading WATCH REPLAY: Successful use of risk modelling and simulations in public private partnerships – Yehuda Sapir
WATCH REPLAY: 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… Continue reading WATCH REPLAY: Agricultural Risk Analysis: art and science – Ariadna Berger