Quantitative Risk Analysis

· Analyse numerically the probability and consequence of each risk

· Decision Tree analysis

· Expected Monetary Value Analysis (EMV)

EXPECTED MONETARY VALUE (EMV)

DECISION TREE ANALYSIS

PLAN RISK RESPONSES

DRAWING UP STRATEGIES BASED ON RISK

Negative Risk (or Threats)

· Avoid

· Transfer

· Mitigate

· Accept

Positive Risk (or Opportunities)

· Exploit

· Share

· Enhance

· Accept

MONITOR AND CONTROL RISKS