Do you see the value in using FAIR™ quantitative analysis for risk management but still get stuck when it comes to presenting results? You are not alone. Presenting results is the most common challenge we see in FAIR Analysis Fundamentals Training.
Quantitative Risk Management Programs (QRMP) require risk analysts to be neutral and self-aware when collecting data and estimates using the FAIR™ model. In computer science, garbage in, garbage out (GIGO) is the concept that flawed, or nonsense input data produces nonsense output or “garbage”.