Wehrspohn Risk Management

Building Risk Analyses with Risk Kit 8 Step by Step

July 1, 2024

๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ฅ๐—ถ๐˜€๐—ธ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ฒ๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ž๐—ถ๐˜ ๐Ÿด ๐—ฆ๐˜๐—ฒ๐—ฝ ๐—ฏ๐˜† ๐—ฆ๐˜๐—ฒ๐—ฝ Supporting decisions with structured risk analyses prevents mistakes before they happen and makes opportunities visible with greater precision. This gives risk management strategic added value within the company. At the same time, it meets the requirements of #StaRUG and the #BusinessJudgmentRule. ๐Ÿš€ ๐—ฅ๐—ฒ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—ผ๐—ณ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ž๐—ถ๐˜ ๐Ÿด: ๐—”๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ป๐—ผ๐˜„! ๐Ÿš€ We are excited to announce the release of ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ž๐—ถ๐˜ ๐Ÿด! ๐ŸŽ‰ Experience the new features up close in our new YouTube video, where we demonstrate a project risk analysis by simulating plan deviations. Dive into the world of Monte Carlo simulations and discover how ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ž๐—ถ๐˜ ๐Ÿด improves your risk analyses and makes them more efficient. The new features include: ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ผ๐—ณ ๐—ฑ๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€: Keep the key distributions in view and adapt them to your risk drivers. ๐—˜๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐˜ ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜: Manage your models, including all risk drivers and results, in a single dialog. ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ฎ๐—ด๐—ด๐—ฟ๐—ฒ๐—ด๐—ฎ๐˜๐—ถ๐—ผ๐—ป: Carry risk assessments over into the risk aggregation within Enterprise Risk Management. ๐—ก๐—ฒ๐˜„ ๐—ฟ๐—ถ๐˜€๐—ธ ๐—บ๐—ฎ๐—ฝ๐˜€: Display the material risks on risk maps with meaningful axes. ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ฟ๐—ถ๐˜€๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€: Compare results across different reporting dates, scenario analyses, and stress tests. ๐—–๐—ผ๐—น๐—น๐—ฎ๐—ฏ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: Share your results across the company and work together with auditors. To help you get off to a good start, ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ž๐—ถ๐˜ ๐Ÿด includes case studies on risk assessment and a working template for risk aggregation. ๐Ÿ“ฝ๏ธ Watch the video: https://lnkd.in/egNPpy56 Take the opportunity to get to know ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ž๐—ถ๐˜ ๐Ÿด and optimize your risk analyses. We are happy to provide a product demonstration or further information. Contact us! https://lnkd.in/e7RTdghN #RiskKit8 #RiskManagement #MonteCarloSimulation #ProjectManagement #RiskAnalysis #NewFeatures #Release #StaRUG #BusinessJudgmentRule

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