This paper considers the trade-offs that may be made in the risk and uncertainty associated with various performance criteria of a project activity. Specifically, duration, cost and quality are the ...

The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...

Simulations are important. It was ever thus since the dawn of computing, but they have become even more important in AI-infused complex business environments. Simulations are core to any ...

Welcome to the third issue of Volume 20 of The Journal of Operational Risk. With the continuous development of the metaverse and the deepening of people’s understanding of it, its internal activities ...

A new model for governance and risk management issued Monday by the Institute of Internal Auditors (IIA) makes major updates to the Three Lines of Defense model that has been popular for years. Called ...