Skip to Content
Artificial Intelligence for Risk Management
book

Artificial Intelligence for Risk Management

by Archie Addo, Srini Centhala, Muthu Shanmugam
March 2020
Intermediate to advanced
162 pages
3h 14m
English
Business Expert Press
Content preview from Artificial Intelligence for Risk Management

CHAPTER 8

Predicting Risk Impact Score Model

Define Goal

Define the goal of the model for predicting the risk impact score model. Predict the impact of risk based on expert knowledge or derived from historical occurrences.

Evaluation Steps

Evaluation Measure or Key Performance Indicator

From a given measure

Input:

  • Risk measure identified in the “risk categorization/classification” step.

Output:

  • Risk impact score 1 to 10 (minimum to high)

Evaluate the Business Process

From the given business process (retail industry Ex: sales transaction)

Input:

  • Feed the list of risk measures identified in the “risk categorization/classification” step.

Output:

  • List respective risk impact scores

Identify the list of measures > Identify the risks list > ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Artificial Intelligence for Asset Management and Investment

Artificial Intelligence for Asset Management and Investment

Al Naqvi

Publisher Resources

ISBN: 9781949443523