When you are making a decision, you are doing risk management.
The purpose of risk management is to identify potential problems before they occur so that risk-handling and mitigation activities will be planned and invoked as needed across the life of the product, investment or project to mitigate adverse impacts on achieving objectives.
Certified in Quantitative Risk Management (CQRM)
CQRM certification includes 4-Day intensive Integrated Risk Analysis workshop, complete the requisite in-class work in Risk Identification, Modelling and Simulation, Integrated Risk Management Process, Analytical Tools, Optimization, Forecasting, Real Options Analysis, and obtain the fully-accredited Certified in Quantitative Risk Management (CQRM) designation offered by the International Institute of Professional Education and Research (IIPER).
It is a powerful Excel yet easy to use add-in software used for applying simulation, forecasting, statistical analysis, decision trees, econometric analysis, and optimization in your existing Excel spreadsheet models.
ROV Enterprise Risk Management (ERM)
Enterprise Risk Management (ERM) performs qualitative and quantitative enterprise risk management on firms’ risk registers and events. ROV ERM helps users to: 1) enter-save multiple risk registers to generate Key Risk Indicators (KRIs) by risk divisions or other taxonomies (i.e., locations, products, activities, process, and departments). 2) Assign risk to supervisors and managers. 3) Create risk dashboards, reports and diagrams. 4) Perform and run risk controls on KRIs. 6) Perform risk forecasts and sensitivity analysis on quantitative risk metrics. 7) Run risk simulations on risk metrics and obtain risk reports. 8) Encrypt data-files for high-level of security.
List of software tools