7 steps to analysing risk via Monte Carlo
Monte Carlo simulation is the most common way to analyse risk using numbers. But many people view quantitative risk analysis as too difficult. Risk Doctor David Hillson offers seven steps to help you gain valuable insights from this powerful technique.
Managing risk in project portfolios
Many organisations choose to run groups of related projects as a portfolio, aiming to create synergies and savings by managing them together. Risk is one of the most important aspects that must be managed at portfolio level, writes Risk Doctor David Hillson.