vault backup: 2025-07-14 17:04:52
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id: 1752260155-JUEH
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aliases:
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- "!example"
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tags: []
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---
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# !example
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# notebook
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This is a temporary spot for my notes while I figure out my setup.
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## TODO
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1. [ ] move main vault "ZMVault" to Github
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2. [ ] branch and merge these notes with repo
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# Risk Oriented Estimating
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# Risk Oriented Estimating
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Risk-Oriented Estimating (ROE), is a methodology for [[construction-estimating]]
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Risk-Oriented Estimating (ROE), is a methodology for [[construction-estimating]] which
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which prioritizes estimating tasks by their contribution to cost certainty,
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* prioritizes estimating tasks,
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and determines the appropriate level of [[estimating-detail]]
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* determines necessary [[estimating-detail]]
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given [[risk#Risk Tolerance]]
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ROE leans heavily on [[expected-value-of-perfect-information]],
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ROE leans heavily on [[expected-value-of-perfect-information]],
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which challenges the natural tendency to shy from uncertainty
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which challenges the natural tendency to shy from uncertainty
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as these ultimately _increase_ risk by inflating the apparent project cost,
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as these ultimately _increase_ risk by inflating the apparent project cost,
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increasing the probability of loss to a competitor.
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increasing the probability of loss to a competitor.
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Bid risk may fit a [Taleb distribution](https://en.wikipedia.org/wiki/Taleb_distribution).
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> Bid risk may fit a [Taleb distribution](https://en.wikipedia.org/wiki/Taleb_distribution).
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Actuarial Science
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> Actuarial Science
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## Prioritizing Tasks
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ROE prioritizes estimating tasks by their contribution to _cost certainty_.
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## Determining Necessary Detail
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ROE determines the appropriate level of [[estimating-detail]]
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given an organization's [[risk#Risk Tolerance]].
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---
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tags:
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- project-management
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---
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# Risk Registers
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Risk Registers are a standard method of documenting [[risk]].
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They are a hallmark of [[project-management-tm]] practice.
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## Risk Tolerance
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## Risk Tolerance
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Determining risk tolerance is a task usually appropriated by executives,
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Determining risk tolerance is a task usually appropriated by executives
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often based on [[gut-feel]],
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(often based on [[gut-feel]]),
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but that is better determined mathematically.
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but that is better determined mathematically.
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[Risk of ruin](https://en.wikipedia.org/wiki/Risk_of_ruin)
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[Risk of ruin](https://en.wikipedia.org/wiki/Risk_of_ruin)
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## Risk Analysis and Management
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### Risk Registers
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Risk Registers are a standard method of documenting [[risk]].
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They are a hallmark of [[project-management-tm]] practice.
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