The Failure of Risk Management: Why It's Broken and How To Fix It book image.

THE FAILURE OF RISK MANAGEMENT: WHY IT’S BROKEN AND HOW TO FIX IT

The Failure of Risk Management downloads are only available here. Visit this page on a regular basis to receive the latest downloads Doug Hubbard has to offer.

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The biggest risk to an organization is a failed risk management system. This two-hour webinar will cover how risk management is failing today and what you can do to improve your risk management systems through proven, quantitative methods that reduce uncertainty and lead to better decisions.

Downloads for Examples and Exercises from the Book Below

The One-For-One Substitution Model

Mentioned in Chapters 4 and 11, the One-For-One Substitution Model shows how we can replace the basic heat map using purely quantitative methods. This is a complete ready to go Monte Carlo model .

Spreadsheet Examples for Measurement

This Excel sheet contains several examples listed below on measurement methods. 

Chapter 3: Controlled Experiment
Chapter 7: Irrational Belief in Small Samples (Chapter 6 First Edition)
Chapter 10: Survey Example using a Normal Distribution (Chapter 9 First Edition)
Chapter 12: Using a Beta distribution to estimate a population proportion

Additional Simulation Examples

 This Excel sheet contains the simulation tools and examples listed below.

Chapter 9:  Examples of Distributions
Chapter 10: Capital investment Monte Carlo Example (Chapter 9 First Edition)
Chapter 10: Power Law Example (Chapter 9 First Edition)
Chapters 10 and 12: Correlation in Data and R Squared (Chapter 9 First Edition)
Chapter 13: PRNG

 

Decision Analysis Examples

This Excel sheet contains several sheets about decision analysis which are listed below.

Chapter 6: Risk Tolerance
Chapter 8: Dawes Linear Model (Chapter 7 First Edition)
Chapters 10 and 11: Information Value Example (Chapter 9 First Edition)

Additional Calibration Questions

For those who need to practice with more calibration questions than were provided in the book’s appendix.

Get the REAL calibration training here! HDR provides asynchronous training with self-paced videos so you can practice with proven methods, all while seeing your real-time calibration results on the calibrator dashboard. The data can even be used to optimize estimates on real-life problems with Team Calibrator!