How to Use a Risk Matrix
How to Use a Risk Matrix A very simple explanation of risk — likelihood and consequences — and how to use a risk matrix. https://youtu.be/-E-jfcoR2W0…
Category: Risk Management
The Dunning-Kruger Effect
The Dunning-Kruger Effect The Dunning-Kruger effect is a cognitive bias in which people overestimate their knowledge or ability in a specific area. This tends to…
It Depends
It Depends Memorizing a few rules might serve you well when you are just getting started, but ultimately you will encounter situations where the ability…
Heuristic Traps
Heuristic Traps Heuristics are a fundamental part of how humans make decisions and judgements. They are intuitive mental shortcuts used to solve a particular problem.…