Risk assessment is a step in a risk management procedure. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat (also called hazard). Quantitative risk assessment requires calculations of two components of risk, the magnitude of the potential loss and the probability, that the loss will occur.

Risk Analysis Consulting Services

• Risk Analysis Overview-The Essentials for Senior Managers, Directors and Other Executives
• Risk identification, quantification, simulation and evaluation using Risk Solver Platform
• Value-at-Risk
• Real Options
• Determining the "best" decision under uncertainty
• Developing time-dependent models as components to risk analysis models
• Risk identification, quantification, simulation and evaluation using Pertmaster Risk Expert
• Analysis includes financial, economic and other quantitative techniques

Forecasting Services

• Developing the framework for assessing the uncertain future: a risk analysis perspective
• Developing forecasting models
• Developing forecasts
• Combining judgmental methods with statistical forecasts