SoftGuide > Functions / Modules Designation > Probabilities of occurrence

Probabilities of occurrence

What is meant by Probabilities of occurrence?

The term "probability of occurrence" refers to the likelihood or frequency with which a specific event or condition may happen. In the business context, probabilities of occurrence are often used to assess risks and make decisions based on projected events.

Typical software functions in the area of "probability of occurrence" include:

  1. Probability Calculation: Using statistical models and algorithms to calculate probabilities of occurrence based on historical data or expert estimates.

  2. Scenario Analysis: Conducting simulations and scenario analyses to evaluate various possible probabilities of occurrence and analyzing their impact on decisions.

  3. Risk Assessment: Evaluating risks by analyzing probabilities of occurrence combined with the potential impacts of these events on the business.

  4. Reporting: Generating reports and dashboards that visualize probabilities of occurrence and their impacts on various business scenarios.

  5. Integration with Decision Support Systems: Linking probabilities of occurrence with decision support tools to make informed decisions and develop strategies.

  6. Forecasting: Using forecasting techniques to predict future probabilities of occurrence based on current data and trends.

 

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The function / module Probabilities of occurrence belongs to:

Statistics/Forecast

Software solutions with function or module Probabilities of occurrence:

R2C_GRC
 
 
 
 
 
 
GRC Software - Governance, Risk & Compliance
Projektron BCS - Web-based project management software
Projektron BCS – The web-based software for managing your projects
e1ns | FMEA in the Cloud
Create FMEAs worldwide, easily and as a team
myPARM - Multi-project management software
Multi-project management and PPM software
Opture
 
 
 
 
 
 
A modern risk management software platform
co_suite - Qualitäts-/ Risikomanagement, CAPA, Beschwerde, Dokumente, Ideen
The auditable, complete and modular Quality, Compliance and Riskmanagement application
PST-BI
 
 
 
 
 
 
Data warehouse, cost accounting, planning, reporting, business analytics for SMEs
SECURITY ASSISTANT (MR.KNOW)
Workflows on the topics of ISMS, cybersecurity and NIS2
in-STEP BLUE
in-STEP BLUE
 
 
 
 
 
 
Software for Project Management with Processes and Methods
roXtra
 
 
 
 
 
 
The software for your digital quality management
Show all 28 programs with Probabilities of occurrence