The Option of Qualitative Versus Quantitative is Not a Choice – it really isn’t. You have to do both

Enterprise Risk Management (ERM) is a crucial process for any business, but relying solely on qualitative assessments can leave you with a fragmented and incomplete picture of your risks. That’s where quantification comes in, providing a powerful solution to enhance your ERM process.

In this session you’ll discover the transformative power of quantitative assessment. We’ll explore how quantitative analysis can provide a more comprehensive view of your risks, allowing you to collate assessments in a meaningful and quantifiable way.

We will also discuss:

• How qualitative versus quantitative is not a choice – you really have to do both
  
• The advantages of quant assessment over qualitative in terms of vastly improved granularity for comparison and prioritization of risk, assessing cost of controls versus benefits, and in terms of being able to aggregate risks across parts of the organization in order to understand where in an organization risk exposure resides. 
  
• The difference between mathematical modelling of individual risks and quantification of an ERM programme and how these two activities are quite different, both in terms of how they’re carried out, who carries them out and what they’re trying to achieve

GRC 20/20 Analyst will be presenting at the event . . .

GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 30+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Webinar Sponsor

Archer empowers organizations to manage multiple dimensions of risk on one platform with on-premises and SaaS offerings, and quickly implement industry-standard processes and best practices for advanced risk management maturity, informed decision-making and enhanced business performance. Archer has been recognized as a Leader in the most recent Gartner Magic Quadrant reports for IT risk management, IT vendor risk management tools and business continuity management program solutions, worldwide.