Risk Modeling and Decision Analysis - The Vair Companies (RISK)

Venue: TBA

Location: New York, New York, United States

Event Date/Time: Oct 27, 2010 End Date/Time: Oct 28, 2010
Registration Date: Oct 27, 2010
Early Registration Date: Sep 01, 2010
Report as Spam


- Activate and exercise practical, critical, risk-based thinking skills
- Develop effective and useful risk models in support and decision analytics
- Build object-oriented spreadsheet models that operationalize complex variables in business and enterprise
- Apply distributions, activate simulation, optimize project results, model correlations and apply forecasting
- Engage in real-time commercial discussions with active risk modeler and decision analyst

Risk Modeling and Decision Analysis is a Vair Training Master Class and focuses on risk management for virtually any industry and its related modeling issues. This course covers the basic principles of quantitative-risk analysis and the most important risk modeling principles, methods and techniques. The focus of the workshop is how to conduct accurate and effective quantitative-risk analyses, including best practices of risk modeling, selecting appropriate distributions, using data and expert opinion, and avoiding common mistakes. The course covers assessment of uncertainty, simulation, time-series forecasting, optimization, correlation, eliciting and modeling expert estimates, and communicating riskanalysis results. The training enables participants to produce realistic, high quality corporate finance risk-analysis models in a manner that provides decision makers with the clearest and most helpful input. In addition, the course covers essential probability and statistics theory and various stochastic processes in order to provide course participants with a solid understanding of quantitative risk-analysis methods and techniques.