Download: 45. Demo of probabilistic Risk Aggregation

Created: 06 January 2013

Document Info:
Risk aggregation simulation by “Monte-Carlo” Simulation (MCS, in excel). Shows drastically – and with your own inputs as well – how the result of the traditional summary / mean value of aggregated risks might be wrong and on the unsafe side …! Live demonstration of probabilistic risk aggregation for cost control. File developed by our partner RiskConsult. For any of your questions please contact directly Prof. Dr. P. Sander with RiskConsult.

System Safety Analysis Tool
Document NameDemonstration of probabilistic
risk aggregation for
cost control
TypeExcel with macro | xlsm | 62 KB
Excel with macro (xlsm)Original Download