Decision Support for Security Projects in a VUCA Environment
About this workshop
Two key uncertainties often drive security projects -- 1) a Volatile, Uncertain, Complex and Ambiguous (VUCA) threat landscape, and 2) varying degrees of effectiveness in reducing risk.
Influence (relevance) diagrams help us plan our model. Scenario planning provides a view of how the future might unfold. Stochastic decision models account for the full range of possible outcomes. Sensitivity analysis provides insight to which initiatives we should prioritize. Decision trees allow us to evaluate the robustness of the security project against the various scenarios.
By assembling these decision analytic tools in a thoughtful way (akin to LEGO blocks), we can clearly communicate the value of the project in business terms to support decision making.
Topics covered by this workshop
These Speakers are giving away the following
Free Enterprise SIPmath Modeler Tools for Windows ($500 value) With all versions 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 of the SIPmath Modeler Tools for Windows, a $500 value, includes numerous extra features such as correlated variables and one hour of technical support. One winner per workshop. To learn more, visit https://www.probabilitymanagement.org/enterprise
Eng-Wee Ethan Yeo
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