What's Not Working: Managing expectations
May Chapter Mtg. Discussion Topic:
**What have you tried in your organization to help manage expectations of using FAIR for risk quantification? **Discussion was around the time investment required for this work versus the idea that FAIR is more akin to a calculator where you input some values and a viable risk analysis pops out!
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The best approach that was used by us was coming up with a modified Pert Model and Monte Carlo simulations for our Organization at the time. This way we could show man hours to build out the homebrew to justify RiskLens Lol.