Risky Business: Real Options @ Work

Todd will spend some time exploring some of the techniques used in a number of risky businesses such as oil and gas exploration, investment banking, medicine, weather forecasting, and gambling. He will highlight a number of similarities and new ways of looking at things that software practitioners can learn from how other businesses manage risk. Through this process he will introduce techniques and approaches to risk and risk management including and developing the concept of real options and what this means to risk management and a software practitioner.