risk-management - Concepts

Explore concepts tagged with "risk-management"

Total concepts: 12

Concepts

20% Rule - An investment strategy recommending that roughly 20% of a portfolio be allocated to alternative investments uncorrelated with the stock market.
Asymmetric Upside - Decisions where potential gains significantly exceed potential losses, creating favorable risk-reward profiles.
Bus Factor - The number of team members who would need to be unavailable before a project stalls.
Margin of Safety - Building buffers to protect against uncertainty and errors.
Murphy's Law - Anything that can go wrong will go wrong.
Portfolio Thinking - Managing a diverse collection of projects, skills, or investments for balanced growth and risk.
Pre-Mortem Analysis - A risk assessment technique that imagines a project has failed before it begins to identify potential causes of failure.
Productive Paranoia - Preparing for worst-case scenarios during good times to ensure survival and success during bad times.
Safe-to-Fail - Experiments designed so that failure produces learning without catastrophic consequences.
Small and Riskless Bets - Making many small, low-risk experiments instead of betting everything on one big project.
Vendor Lock-in - The situation where switching to a different tool or service becomes prohibitively difficult due to proprietary dependencies.
Zero-Risk Bias - Preferring to eliminate a small risk entirely over a greater reduction of a larger risk.