Probability Management Inc
PROBABILITY MANAGEMENT'S MISSION IS TO ADVANCE UNAMBIGUOUS STANDARDS FOR COMMUNICATING AND MANAGING UNCERTAINTIES AS DATA. THE GOAL IS TO INCREASE TRANSPARENCY AND CONSISTENCY IN REPORTING AND CALCULATING WITH UNCERTAINTIES IN AREAS AS DIVERSE AS FINANCE, ENERGY, PHARMACEUTICALS, BANKING, THE ECONOMY, NATIONAL DEFENSE AND CLIMATE CHANGE. THE RESULTING REPRESENTATION OF UNCERTAINTIES MUST BE 1) ACTIONABLE, IN THAT UNCERTAINTIES MAY BE USED DIRECTLY IN CALCULATIONS OF POTENTIAL RISKS AND REWARD ACROSS VIRTUALLY ALL SOFTWARE PLATFORMS. 2) ADDITIVE, IN THAT UNCERTAINTIES MAY BE AGGREGATED ACROSS THE ENTERPRISE, AND 3) AUDITABLE, IN THAT DATA PROVENANCE IS MAINTAINED WITH RESPECT TO ACCURACY AND SECURITY.
Founded
2012
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Palo Alto
Probability Management Tools Standards Applications Training Who We Are ProbabilityManagement. org is a 501c3 nonprofit dedicated to making uncertainty actionable through tools standards applications and training. What is Probability Management. Probability management is the representation of uncertainties as data arrays called SIPs that obey both the laws of arithmetic and the laws of probability.
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Palo Alto
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