Risk Analysis Assessing Uncertainties Beyond Expected Values and Probabilities

Risk Analysis: Assessing Uncertainties Beyond Expected Values and Probabilities By Terje Aven
2008 | 195 Pages | ISBN: 0470517360 | PDF | 2 MB
I am still recovering.This is a book written for dummies so they realize that they are dummies. I looked for the "for dummies" version of risk analysis,so I can pretend I "understand"risk analysis while talking about the subject and yet could not find anything out there. As matter of fact I had in my library several other books about risk and yet none of them came close to explaining the:.- What is risk analysis.- What is risk?.- Proess of analysis: -Planning -assessing -risk treatmentThese are but the first 5 chapters of the 13 chapter book. The book is well researched, it relates to the research literature in the field of risk. It is divided into 2 parts; The first part is theory and methods, the second part is examples of applications. The book is well written, however it was not written for what I needed it for. I needed to have a simple methodology to map to ITIL V3 risk management practices or Sigma Six risk assessments; I did get there but it was very hard, I had to use 100% of my already depleted brain, it nearly killed me, thanks to the author I knew how to do a "Consequence analysis" and come up with a "Risk picture" and stop reading the parts heavy with Calculus and stuff.So, in conclusion; If you have a "young" brain and auditors are blubbering you about "if this happens than ...." scenarios. I suggest you use this book to gain the upper hand.Best Fishes.