There is universal agreement that having effective risk management practices is an essential component of good business planning. Respected risk management guidelines (ISO, COCO, NASA, etc) all state that Quantitative Risk Analysis should be an integral part of a high quality risk management process. The problem for many senior management teams is how to achieve this in practice, or even what quantitative risk analysis actually entails. David Vose, our founder, has written a white paper to help answer these questions. It describes in some detail a set of 10 steps that, based on 25 years of experience as a risk analyst, he know provides a very practical, structured road map to help you establish quantitative risk analysis within your organization.
Free Guide to Start Incorporating Risk Analysis today - white paper