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Thursday, October 15, 2015

Considering Risk Assessments

In CWorld: Good short basic piece on basic risk assessments. Good place to start.  I would further get a professional to do the analysis that really knows the domains involved.   Start with visual methods to display the risk metrics.  Double and triple check your numbers.  You may get many numbers that vary wildly, so show them to multiple experts.  Create a risk portfolio with estimates of costs to address each risk.  Keep a log of near misses and past issues.    Do list 'black swans' and what their effects might be.

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