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Risk Management

Moving Beyond Uncertainty

Risk management and analysis is part of any decision-making process. But in the world of business, it can be the difference between falling behind and getting ahead. Without proper management, a company could lose millions or bypass potential growth opportunities.
Risk is not something that is completely unpredictable and uncontrollable. Risk can be identified, quantified, evaluated, predicted, mitigated diversified, and managed.
Make informed decisions that protect and improve your top and bottom lines. Manage your risks like a pro—with a pro. Call today to gain the upper hand.
Quality improvement efforts have been applied successfully in just about every industry, saving companies billions of dollars.
Root cause analysis helps identify what, how, and why a fault occurred, thus preventing it from occurring again.

What Does Risk Look Like?

There are two components to risk. They are: 1) the probability that something goes wrong, and 2) the consequences when it does.
Risk and return are quantified using tools such as model building, Monte Carlo simulations, forecasting, time-series & regression analysis, and stochastic optimization. These methods can help you understand, manage, and minimize risk.
Call me today to put these tested methods to work for you.


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Speak With Mark

Mark McFarland, P.E., D.F.E., is the founder and CEO of Discovery Engineering.
Mr. McFarland is a licensed Professional Electrical Engineer, a Board Certified Forensic Engineer, and a statistician. His expertise in engineering and applied research is recognized by legal, insurance, industry, and government clients.
Electrical Engineer Expert Witness | Mark McFarland, P.E.