Decision making

The Uncertainty in Forecasting Airport Pax

The Uncertainty in Forecasting Airport Pax

This entry is part 3 of 4 in the series Airports

The uncertainty about the future yearly Pax is quite high. With this as the backcloth for airport planning the stochastic nature of Pax forecasts has to be taken into account when investment decisions are to be made.

Read More →

Read More →

The Case of Enterprise Risk Management

The Case of Enterprise Risk Management

This entry is part 2 of 4 in the series A short presentation of S@R

Traditionally, when estimating costs, project value, equity value or budgeting, one number is generated – a single point estimate.

Read More →

Read More →

Public Works Projects

Public Works Projects

This entry is part 2 of 4 in the series The fallacies of scenario analysis

In public works and large scale construction or engineering projects – where uncertainty mostly concerns cost, a simplified scenario analysis is often used …

Read More →

Read More →

Selecting Strategy

Selecting Strategy

This entry is part 2 of 2 in the series Valuation

When there is no uncertainty the maximum return criterion can be used to rank strategies. With uncertainty we have to look for the strategy that maximizes the firms expected utility.

Read More →

Read More →

The Risk of Spreadsheet Errors

The Risk of Spreadsheet Errors

This entry is part 1 of 2 in the series Spreadsheet Errors

Audits done shows that nearly 90% of the spreadsheets contained serious errors. Code inspection experiments also shows that even experienced users have a hard time finding errors succeeding in only finding 54% on average.

Read More →

Read More →

What we do; Predictive and Prescriptive Analytics

What we do; Predictive and Prescriptive Analytics

This entry is part 1 of 3 in the series What We Do

Strategy @ Risk Ltd. develops models for simulating economic and financial decisions under uncertainty.

Read More →

Read More →

Top