How to identify the most important Risk Events using a Risk Bubble chart?
Summary of how to read and use the Risk Bubble chart.
The risk bubble chart analysis of the ManageXValue platform focuses on the interest of Business Stakeholders. It shows the frequency and impact of Risk Events at various Organization Units. There is a Monte-Carlo simulation behind the analytics and therefore it is possible to analyse the minimum, maximum scenarios as well. However, for the purposes of a prioritization decision the expected or average case is a useful measure to focus on.
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