Risk-Opportunity Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Risk-Opportunity Analysis write by Ralph Vince. This book was released on 2012-02-03. Risk-Opportunity Analysis available in PDF, EPUB and Kindle. Every day, billions of human beings are making dozens of decisions that do not appear based on the same, seemingly sound mathematical principles they would apply to a gambling or investing situation. Yet these decisions are not irrational, rather they are the product of an innate sense pertaining to risk and opportunity. This Second Edition is presented for the non-mathematician (though the underlying math is provided for those who are interested), and not only gives reason to reconsider the bases we assess gambling and investing situations, but reveals this magnificent, innate ability we possess.For decades various mathematical notions have presented themselves which, though applicable to domains such as probability, game theory, operations research, and quantitative finance, have fallen essentially outside the purview of these various disciplines. Yet the concepts detailed in this text are all related, and taken together comprise their own niche-discipline, introduced here as Risk-Opportunity Analysis.
Effective Opportunity Management for Projects
Effective Opportunity Management for Projects - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Effective Opportunity Management for Projects write by David Hillson. This book was released on 2003-11-19. Effective Opportunity Management for Projects available in PDF, EPUB and Kindle. With step-by-step guidelines, this bestselling reference discusses the management of project opportunities by expanding the traditional risk management process to address opportunities alongside threats. It offers valuable tools and techniques that expose and capture opportunities, minimize threats, and deal with all types of uncertainty in your business and projects. Written by an experienced consultant and risk management specialist, this guide emphasizes that risk processes must cover both opportunities and threats if they are to assist in accomplishing project objectives and maximizing business benefits.
Risk, Opportunity, Uncertainty and Other Random Models
Risk, Opportunity, Uncertainty and Other Random Models - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Risk, Opportunity, Uncertainty and Other Random Models write by Alan R. Jones. This book was released on 2018-09-13. Risk, Opportunity, Uncertainty and Other Random Models available in PDF, EPUB and Kindle. Risk, Opportunity, Uncertainty and Other Random Models (Volume V in the Working Guides to Estimating and Forecasting series) goes part way to debunking the myth that research and development cost are somewhat random, as under certain conditions they can be observed to follow a pattern of behaviour referred to as a Norden-Rayleigh Curve, which unfortunately has to be truncated to stop the myth from becoming a reality! However, there is a practical alternative in relation to a particular form of PERT-Beta Curve. However, the major emphasis of this volume is the use of Monte Carlo Simulation as a general technique for narrowing down potential outcomes of multiple interacting variables or cost drivers. Perhaps the most common of these in the evaluation of Risk, Opportunity and Uncertainty. The trouble is that many Monte Carlo Simulation tools are ‘black boxes’ and too few estimators and forecasters really appreciate what is happening inside the ‘black box’. This volume aims to resolve that and offers tips into things that might need to be considered to remove some of the uninformed random input that often creates a misinformed misconception of ‘it must be right!’ Monte Carlo Simulation can be used to model variable determine Critical Paths in a schedule, and is key to modelling Waiting Times and cues with random arisings. Supported by a wealth of figures and tables, this is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering.
Problem, Risk, and Opportunity Enterprise Management
Problem, Risk, and Opportunity Enterprise Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Problem, Risk, and Opportunity Enterprise Management write by Brian Hagen. This book was released on 2018-08. Problem, Risk, and Opportunity Enterprise Management available in PDF, EPUB and Kindle. Dr. Hagen presents a complete system by which companies can more easily and consistently manage their portfolio of problems, risks, and opportunities. His methodology was based on a foundation of neuroscience and logical decision analytics.
Enterprise Risk and Opportunity Management
Enterprise Risk and Opportunity Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Enterprise Risk and Opportunity Management write by Allan S. Benjamin. This book was released on 2017-02-06. Enterprise Risk and Opportunity Management available in PDF, EPUB and Kindle. Risk management strategy for the pioneering technological sector Enterprise Risk and Opportunity Management provides much-needed guidance tailored specifically to the technological sector. While most enterprise risk management guides are written for traditional businesses and finance firms, this book translates effective enterprise risk and opportunity management (EROM) principles into strategies and practices that work for government, nonprofit, and for-profit organizations in the technological space. Originally designed for noncommercial pioneering enterprises like NASA, an entire chapter is now devoted toward applying the methods to profit-making technological enterprises. A 40-year veteran of the tech sector, Dr. Allan Benjamin outlines risk management strategies for organizations in which the advancement and integration of science and technology within complex systems is necessary for accomplishment of the mission. Commercial EROM strategies do not translate directly when the development and implementation of risky technologies is the organization's primary objective, and clumsy or near-sighted implementation can easily cripple progress. This book provides authoritative guidance tailored to the sector's specialized needs. Maximize opportunity while effectively managing risk Understand the core principles of the technological EROM approach and its interfaces with the management of the organization Comprehend the intricacies of aggregating risks and opportunities from lower to higher levels of the organization Gain expert insights specific to the technology sector Mitigate and control the risk that comes with pursuing discovery In practice, EROM in this sector involves working with mostly qualitative data, and is characterized by high uncertainty. Managing risk without handicapping the organization requires a specific set of adjustments to traditional EROM, and a more nuanced approach to the idea of "acceptable risk. Balance is key in technological EROM, and Enterprise Risk and Opportunity Management provides foundational guidance, real-world strategy, and enlightening examples for getting it right.
