The power of risk quantification: Turning abstract risks into actionable decisions

Quantifying risks is a cornerstone of effective enterprise risk management (ERM) as it transforms abstract uncertainties into actionable insights. In this session, we will demonstrate how risk quantification enables better decision-making, supports risk appetite and tolerance frameworks, enables enhanced communication, and improves risk aggregation and correlation. 

Key learning objectives

After attending this webinar, participants will be able to:

1. Understand how to approach risk quantification 
2. Communicate how risk quantification supports decision-making 
3. Link risk quantification to risk appetite and tolerance frameworks 
4. Speak to the benefits of risk aggregation and correlation  

Who should attend

Chief risk officers, chief financial officers, chief executive officers, chief audit executives, heads of strategic development, board members, risk committee members, ERM leaders and risk management professionals.

Meet the speakers

John Rogula, RMP
Managing Director, Risk Advisory

Matt Cordle, CRISC, CISM
Manager, Risk Advisory

Information about CPE eligibility

Attendees should understand how risks are evaluated (uncertainty, likelihood, impact), be familiar with common risk categories, risk identification methods, inherent vs. residual risk, and the use of risk registers and basic risk scoring frameworks. This webinar assumes a non‑technical level, covering core probability and statistics concepts such as expected value, distributions, percentiles, and variability. In addition, attendees should have prior exposure to scenario analysis and familiarity with data and spreadsheets  

Advance preparation is not required. There is no cost to attend this webinar. 

CPE credit: One (1) hour total credit   
Level: