If we parameterize with P99 then we parameterize an approximation to the distribution far beyond where it approximates the distribution

Summary list Lookback: No lookback or, what it sometimes worse, lookbacks that are so naive you'd have been better off without them. See ...

It is a great honour to be invited to Rose & Associates' Risk Coordinators Workshop in London on 11 March. The RCW gathers senior manager...

The oil and gas business is characterized by extreme uncertainty and vertiginous volatility. That and 25 years, on and off, in the busine...

Swanson's rule is a commonly used device in a variety of risk and uncertainty management contexts where a continuous distribution is repl...

Enormously enjoyable conversation with Dr. Sarah Gordon, CEO of Satarla Risk Management (with whom I am very proud to be an associate con...

Nine out of ten transport infrastructure projects run over on cost. Actual costs are on average around 30% higher than projected (sagging...