riskimalli
Riskimalli is a structured framework for quantifying and managing risk by estimating the likelihood and impact of uncertain events. It is used to support decision-making, prioritize mitigation actions, and inform allocation of capital or resources. A typical risk model links hazard identification, exposure, vulnerability, and consequences to produce a measure of risk, such as an expected loss or a probability of adverse outcomes.
Common elements include defining risk drivers, choosing a modelling approach, estimating parameters from data or expert
Modeling approaches range from deterministic assessments to probabilistic and statistical methods. Techniques used include Monte Carlo
Riskimallit are applied across sectors such as finance (credit and market risk, operational risk), insurance, project