iPhone app Simulate Risk

Risk to objectives or decisions are best understood when they are quantified.
Presenting a financial amount as the cost of risk or uncertainty allows for a much more informed discussion with senior leaders and board members.
It also allows for a better estimate for the contingency funds required in evaluating a decision or a project.

Software solutions that typically do this are often complex and expensive.
This app provides a simple and cost-effective solution at your fingertips.
It is your first step in moving away from a subjective list of assumptions and uncertainties to a much more effective way to consider risk.

The app is a Monte-Carlo risk simulator that is capable of running hundreds of thousands of simulations to provide a quantified cost of risk or uncertainty that should be factored into any decision.
This is underpinned by well established data science and statistical math.
The result is a single number that you should add to your overall cost as a contingency number.

Download this app today and transform how you evaluate assumptions and uncertainties in every decision to make.

Note: to keep it simple, the app uses a triangular distribution in its calculations.,

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