Module 1 – Introduction

 Introduction to FAIR
 Fundamental Terminology
 Measurement
 Exercise: Estimates Calibration
 Risk Quantification Example
 Monte Carlo Simulation
Module 1a – Why Quantitative RM?
Module 1b – Cognitive Biases
Module 1c – Probability Theory Basics - Planned
Module 2 – The FAIR Model
Module 3 – Risk Analysis Scoping
Module 4 – Risk Analysis Data Gathering
 Selecting Subject Matter Experts
 Where to start, how deep to go?
 Working through a scenario
 Setting the Estimates
Module 5 – Running the Simulation
 Run the simulation
 Run updated simulation incl. treatment plan
 Comparing Risk before and after treatment
 FAIR Control Categories
 Exercise: Simulate additional treatment options
 Re-Run Scenario in the Open FAIR Risk Analysis Tool
 Other Free Tools
Module 6- Presenting the Analysis Results

Module 7 – Open FAIR Exam Preparation