Development and Implementation of Integrated Models for the Calculation of Aggregate Risks and Determination of Risk Drivers

Allan S. Benjamin
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Allan S. Benjamin: Allan Benjamin Company

Chapter Chapter 4 in Integration of Project, Infrastructure, and Enterprise Risk Management, 2025, pp 35-47 from Springer

Abstract: Abstract The chapter provides guidance on how to develop and implement integrated multi-domain analysis models and Monte Carlo sampling processes leading to the calculation of aggregate risks; how to treat the question of modeling and simulation of risks emanating from cyberattacks; how to calculate risk undesirability scores leading to the determination of risk posture; how to display the results in a management-friendly format based on the use of spider charts; and how to deduce risk drivers and identify control and mitigation options.

Keywords: Integrated models; Simulation; Uncertainty; Aggregate risk; Monte-Carlo; Interdependency; Performance measure histogram; cybersecurity risk analysis; Risk undesirability score; Spider charts; Risk drivers; Mitigation options (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:rischp:978-3-031-85070-7_4

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DOI: 10.1007/978-3-031-85070-7_4

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