vault backup: 2025-07-14 17:04:52

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2025-07-14 17:04:52 -04:00
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---
id: 1752260155-JUEH
aliases:
- "!example"
tags: []
---
# !example
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# notebook
This is a temporary spot for my notes while I figure out my setup.
## TODO
1. [ ] move main vault "ZMVault" to Github
2. [ ] branch and merge these notes with repo
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# Risk Oriented Estimating # Risk Oriented Estimating
Risk-Oriented Estimating (ROE), is a methodology for [[construction-estimating]] Risk-Oriented Estimating (ROE), is a methodology for [[construction-estimating]] which
which prioritizes estimating tasks by their contribution to cost certainty, * prioritizes estimating tasks,
and determines the appropriate level of [[estimating-detail]] * determines necessary [[estimating-detail]]
given [[risk#Risk Tolerance]]
ROE leans heavily on [[expected-value-of-perfect-information]], ROE leans heavily on [[expected-value-of-perfect-information]],
which challenges the natural tendency to shy from uncertainty which challenges the natural tendency to shy from uncertainty
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as these ultimately _increase_ risk by inflating the apparent project cost, as these ultimately _increase_ risk by inflating the apparent project cost,
increasing the probability of loss to a competitor. increasing the probability of loss to a competitor.
Bid risk may fit a [Taleb distribution](https://en.wikipedia.org/wiki/Taleb_distribution). > Bid risk may fit a [Taleb distribution](https://en.wikipedia.org/wiki/Taleb_distribution).
Actuarial Science > Actuarial Science
## Prioritizing Tasks
ROE prioritizes estimating tasks by their contribution to _cost certainty_.
## Determining Necessary Detail
ROE determines the appropriate level of [[estimating-detail]]
given an organization's [[risk#Risk Tolerance]].
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tags:
- project-management
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# Risk Registers
Risk Registers are a standard method of documenting [[risk]].
They are a hallmark of [[project-management-tm]] practice.
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## Risk Tolerance ## Risk Tolerance
Determining risk tolerance is a task usually appropriated by executives, Determining risk tolerance is a task usually appropriated by executives
often based on [[gut-feel]], (often based on [[gut-feel]]),
but that is better determined mathematically. but that is better determined mathematically.
[Risk of ruin](https://en.wikipedia.org/wiki/Risk_of_ruin) [Risk of ruin](https://en.wikipedia.org/wiki/Risk_of_ruin)
## Risk Analysis and Management
### Risk Registers
Risk Registers are a standard method of documenting [[risk]].
They are a hallmark of [[project-management-tm]] practice.