Probability Management Inc

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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.

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2012

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Palo Alto

Address: 3507 Ross Rd, Palo AltoWeb: Sign in to see organisation websiteEmployees: 7Volunteers: 14Revenue: 191216ICO: 460572110

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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Thomas

1. How can NGO organizations integrate the principles of probability management to improve their project forecasting and resource allocation?

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Monica

I love how you’re addressing the Flaw of Averages! By turning uncertainty into actionable data, you’re empowering organizations to embrace risks and opportunities. Keep up the fantastic work! 💡📊

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Brian

Great job, Probability Management Inc! Your innovative tools are paving the way for better decision-making in uncertain times. Let's make informed choices together! 🙌✨

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Lena

2. In what ways can training and tools developed by Probability Management help enhance collaboration among diverse stakeholders in nonprofit initiatives?

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Palo Alto

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