How to reduce subjectivity in risk analysis?

Alex Sidorenko from RISK-ACADEMY talks about 3 rules for reducing subjectivity in quantitative risk analysis. https://www.youtube.com/watch?v=r0ZDQZsTdXg DOWNLOAD THE FREE RISK MANAGEMENT BOOK: https://www.risk-academy.ru/en/download/risk-management-book/ Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk

Cognitive biases every risk manager must know (part 3)

Overconfidence bias The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) overestimation of one’s actual performance; (2) […]

Cognitive biases every risk manager must know (part 2)

Overconfidence bias The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) overestimation of one’s actual performance; (2) […]

Cognitive biases every risk manager must know (part 1)

Overconfidence bias https://www.youtube.com/watch?v=eBuveFSYnGI The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) overestimation of one’s actual performance;…… Continue reading Cognitive biases every risk manager must know (part 1)

Get exclusive access to Norman Marks online broadcast

Join one of the global though-leaders in risk management and internal audit for a 3-hour online broadcast. Norman Marks is coming to Moscow and we will be broadcasting his full master-class from the Moscow Government live in Full HD: https://www.risk-academy.ru/en/get-exclusive-access-norman-marks-online-broadcast 17 MAY 2017, 9:30 – 12:30 (Central European time) / 10:30 – 13:30 (Moscow time) During the broadcast Norman Marks…… Continue reading Get exclusive access to Norman Marks online broadcast

How often should the risk assessments be performed?

Alex Sidorenko from RISK-ACADEMY talks about the frequency of risk assessments and why annual, quartely or monthly risk assessments don’t really work. https://www.youtube.com/watch?v=LxEwv5RaoEk   Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk