Quantifying risk and input into decision making

Описание: The purpose of risk analysis is to provide guidance on what decisions to take in the face of uncertainty and risk. The decisions might be about how to control individual risks, improve the chance of success of the corporate strategy, bring a project in on time and budget, or chose the right investment. In all these areas, quantitative risk analysis provides far greater clarity than other, more qualitative methods, but many risk managers advise that it is too difficult to use or can only be applied to financial exposures.
They are mistaken. My talk explains the basic techniques involved in quantitative risk analysis used in business, all of which are within reach of anyone with high school mathematics, and I demonstrate how the much richer information provided by quantitative risk analysis leads to better decision-making.

About ModelRisk:
ModelRisk is the pre-eminent risk analysis tool for business, science, engineering and government. ModelRisk fully integrates with Microsoft Excel, automating Monte Carlo simulation in your Excel models so you can fully understand the risk and uncertainty involved in key decisions. ModelRisk uses simulation techniques to compare different decision options so you can select the ones that are most likely to succeed, and develop the most-cost effective strategy for reducing risk.

Read more about ModelRisk: https://www.vosesoftware.com/Risk-In-...
Download free ModelRisk 15-day trial: https://www.vosesoftware.com/Risk-In-...
ModelRisk pricing: https://www.vosesoftware.com/pricing.php

About Vose Software:
Vose Software designs, develops, sells and supports a range of quantitative risk analysis software. The products can be used independently to address specific risk issues, or integrated to provide a complete corporate risk management platform.

ModelRisk – a risk analysis add-in for Excel - https://www.vosesoftware.com/Risk-In-...
Tamara – project cost and schedule risk analysis software - https://www.vosesoftware.com/Project-...
Pelican web-enabled quantitative risk register - https://www.vosesoftware.com/Quantita...
Pelican web-enabled quantitative integrated risk management - https://www.vosesoftware.com/IRM/

Contact sales at https://www.vosesoftware.com/Contact/...