Quantitative Risk Analysis

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Quantitative Risk Analysis
Vose D(2002) Risk Analysis J Wileysons NY
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Probability-Impact (P-I) tables
http//www.ipfbenchmarking.net/consultancy_dfes_up
date/r30_guidetothedevelopmentofariskregister.pdf
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(No Transcript)
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Impact Description School outing
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Risk Response Plan
Example in Excel File
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http//d0server1.fnal.gov/projects/run2b/meetings/
PMGs/Nov03/Risk_Analysis_for_BCP.pdf
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http//d0server1.fnal.gov/projects/run2b/meetings/
PMGs/Nov03/Risk_Analysis_for_BCP.pdf
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Extra terrestrial Impact Hazard
The Torino scale
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Risk Register Examples
Excel and Word from 1GS314
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What if ? scenarios
Category 5 Hurricane losses (/million )
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Monte Carlo simulation

• Generates a number of possible scenarios (similar
  to What if?) but
• Takes account of all possible values a variable
  could take
• Weights each possible value with its probability
  of occurrence.