No Risk, No Fun A Tutorial on Risk Management

The aim of this tutorial is to explain to the formal methods community the area of risk management and its most prominent concepts: the definition of risk, strategies for managing risk, the risk management cycle, and the role of ISO standards. For each of these concepts, I explain how formal methods relate and contribute, making risk management more accountable: systematic, transparent, and quantitative. I will also argue that viewing Formal Methods through the lens of risk management, and making the relevance of formal methods in risk analysis explicit, helps our community to better communicate the merits of formal methods to industry.