ERM Decision Trees and ISO 31010

Over the years we have written numerous blogs that share in-depth presentations on different risk modelling methods and in the coming months ahead, Causal Capital is going to increase the number of these technically natured risk management articles.

Today we are going to focus on Decision-Trees from the ISO 31010 Risk Assessment standard, and if you are interested in downloading the presentation associated with this posting, please do continue reading.

Why some risk comparisons are problematic

Elusive Etiological Risks ~ Every once in a while, especially when a specific situation is resonating with society at large, partial intellectuals tend to come forth to put everything into perspective but unless they are careful with their 'etiological typecasting', they chance to further mislead everyone including themselves.

Why are people so bad at assessing risk?

Circular 900 a right way forwards

Every once in a while, banking regulators get it right, and Bangko Sentral ng Pilipinas (BSP) has certainly done so with its Circular 900 [LINK] on operational risk.