Decision Risk Analytics’ Graeme Keith was recently invited by the Hamburg-based oil company DEA to present on their “Meet the Expert” forum. This is a summary of Graeme’s presentation. The slides are available here.   Despite the title, this isn’t a mathematical presentation – at least not in the sense of having numbers or equations.[…]

At Rose & Associate’s Risk Coordinators’ workshop at Tullow Oil’s offices in Chiswick, west London at the end of January, Graeme presented his work on how to identify and quantify systematic bias in probabilistic predictions, and on how much it costs to be rubbish at risking (spoiler alert: a lot). The full presentation can be viewed here.[…]

Decision Risk Analytics have moved into the attic of Bernstorff Palace in Bernstorff Park, Gentofte, about 15 minutes north of Copenhagen. Our office is in the old servant quarters, but a palace is a palace, the staff are extremely helpful and friendly and the views from our window are absolutely magnificent.

At the 4th Risk Forum at DTU in November, I argued that strategy that embraces uncertainty, and risk management that focuses – as all risk management ought – on decisions and objectives, are fundamentally the same thing. You can see my presentation here.