More Than Innovative Risk Modeling
Key components of the training include effective communication, calibration (a method for making better measurements), and better analyses.
- Standardizing risk terminology in any organization will streamline communication and provide clarity regarding the risk landscape.
- Calibration allows for subject matter experts to make accurate estimates in the absence of strong data.
- While calibration is helping to bridge the information gaps, those gaps are getting smaller as FAIR lets organizations know exactly where to find hard data. In many cases, data already exists and FAIR-trained analysts know how to find and leverage this data.