There are some things about risk analysis that you only learn through experience. And here are some of those lessons from expert Ian Nicholson.
Mitigation analysis is a massive part of the risk analysis process, and Safran Risk makes it easier and less time consuming to conduct. It’s a huge improvement over OPRA, and this blog will explore why.
Correlation is often crucial to the risk model. It helps analysts understand the often-complex relationships between events and the risks that can affect them. More than that, it plays an integral role in counteracting the effects of the Central Limit Theorem (CLT).
