Studying the tails of distributions is essential for risk management. Whether in probabilistic risk assessment or even in qualitative hazard studies, risk management aims to understand tail events. Risk measures such as value at risk or expected shortfall are essentially measures of the distributions’ tails. So, if you’re concerned about your project cost overrun risks, for example, you’re worried about the tail of the cost distribution.
There’s a rising trend of businesses starting to prioritize environmental, social, and governance (ESG) issues. But without a blueprint to follow, how do organizations implement meaningful sustainability efforts?
Today’s world is riddled with highly complex and intricate systems, critical for the safe and efficient operation of industries and our world.
Organizational design and right-sizing
Digital transformation and business improvement
TraPac Terminal Automation Support
WE Local India 2021 Virtual Conference
11th AQW International Conference in Gladstone, Australia in September 2018
COM 2015, Toronto, Ontario, August 23-26, 2015
All Technical Papers
Friday, September 24, 2021