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Making uncertainty live

A workshop by Sam Savage
Executive Director, ProbabilityManagement.org

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Topics covered by this workshop

Sam is giving away the following

Free SIPmath Enterprise Tools for Windows. With the Enterprise version of the SIPmath Modeler Tools, you can easily create dynamic simulation models that can run in Microsoft Excel without any macros or add-ins. Create new models or make your existing deterministic model robust to reflect uncertainty. The Enterprise version includes one hour of technical support. To learn more, visit https://www.probabilitymanagement.org/enterprise.

To be in with a chance to win this, simply register for their workshop by clicking the button at the top of this page

About this workshop

Sam Savage will share live interactive models for decision making in oil and gas, pharma, construction and others demonstrating how risk managers can make uncertainty live. This powerful workshop that will demonstrate how free SIPmath enables simulation models on various platforms to be communicated to senior decision makers helping them to both understand and appreciate effect of uncertainty and the trade-off between risk and return.

Sam will also talk about the new field of risk aggregation that allows risks to be rolled up like numbers across applications into consolidated risk statements. This can be done in multiple dimensions to display the trade-offs between risks in the area of safety, financial loss, service interruption, etc.

Free SIPmath Modeler Tools

Get a free copy of the standard SIPmath Modeler Tools to leverage the native Excel Data Table function to bring interactive Monte Carlo simulation to all Excel users. The models built with these tools do not require the tools to run in Excel. Once you build the model, any excel (including web and android) can open the files and run the simulations.

Please note, you need to register as an attendee before you can access this freebie.

Sam Savage

Sam L. Savage is Executive Director of ProbabilityManagement.org, a nonprofit devoted to the communication and calculation of uncertainty. He is the inventor of the SIP (Stochastic Information Packet), a data structure that lets simulations communicate with each other, and initiated the open SIPmath standard. He is joined on the board by Harry Markowitz, Nobel Laureate in Economics, and Michele Hyndman, former public relations manager for the Stanford School of Medicine Blood Center. Sam is also author of The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty, and is an Adjunct Professor at Stanford University.

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