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Course Description:

This course provides an overview of several problems with popular risk management practices as well as how to fix them. This course includes slides as well as a simple Monte Carlo spreadsheets for measuring risk. If you have not yet purchased or enrolled in this course, please click here.

Course Syllabus


Learn the pitfalls of using qualitative methods for measuring risk and learn a set of quantitative measurement methods to replace them.




  • Live 2 Hour Online Webinar
  • 1 Online Review Quiz

Materials Provided

  • Monte Carlo Tool and Spreadsheets for Measuring Risk
  • PDF copy of PowerPoint slides

Recommended Next Courses

Calibration, Creating Simulations in Excel Basic and Intermediate, Making Decisions Under Uncertainty, Measurement Methods in Excel Basic and Intermediate

Douglas Hubbard is the inventor of the Applied Information Economics (AIE) method and founder of Hubbard Decision Research (HDR). He is the author of How to Measure Anything: Finding the Value of Intangibles in BusinessThe Failure of Risk Management: Why It’s Broken and How to Fix It, Pulse: The New Science of Harnessing Internet Buzz to Track Threats and Opportunities and his latest book, How to Measure Anything in Cybersecurity Risk (Wiley, 2016). He has sold over 100,000 copies of his books in eight different languages.  Two of his books are required reading for the Society of Actuaries exam prep.  In addition to his books, Mr. Hubbard has been published in several periodicals including Nature, The IBM Journal of Research and Development, OR/MS Today, Analytics, CIO, Information Week, and Architecture Boston.

Please download the following spreadsheets and slide deck to follow along in the course examples and to answer review questions.

Risk Management Webinar September 2021

Power Tools The Failure of Risk Management 21 September 2020