Nonprofit Bringing Transparency to Uncertainty Holds Its Third Annual Conference

Nonprofit is holding its third annual conference Feb. 17-18 in San Diego. Presenters include Harry Markowitz, Nobel laureate in economics, Doug Hubbard, author of How to Measure Anything, and Sam Savage, author of The Flaw of Averages, consulting professor at Stanford University and Executive Director of In addition, representatives from Chevron, Government Finance Officers Association, Lockheed Martin, and Lone Star Analysis will present case studies.
“Pioneers in the emerging discipline of probability management will share their latest experiences in application at this week’s conference,” said Savage. “Due to recent breakthroughs, native Microsoft Excel can use’s standard to calculate risks as easily as numbers.”
Simulations have been used for decades to manage uncertainty within standalone applications in areas as diverse as finance, engineering and energy. The open SIPmath™ Standard, developed by Palo Alto-based, allows companies to link the results of their simulations across platforms using new data structures and free software tools.
“SIPmath can be a breakthrough in the way we think about and analyze uncertainty,” said Brian Putt, Decision Analyst at Chevron, one of the nonprofit’s corporate sponsors, which also include several other Fortune 500 Companies.
To attend the conference, members of the press may contact:
Michele Hyndman
Associate Director
Probability Management Annual Conference
Catamaran Resort and Spa
3999 Mission Blvd, San Diego, CA 92109
Meeting Room: Rousseau Center
Probability Management, Inc. is a 501(c)(3) non-profit that is changing the way we think about uncertainty through standards, best practices and education. Its board of directors includes Nobel Laureate in Economics, Harry Markowitz. Its sponsors include Chevron Corporation, General Electric, Lockheed Martin, Wells Fargo Bank, Lone Star Analysis, Computer Law LLC, and the Foundation for Creative Dispute Resolution. Executive Director Sam L. Savage is author of The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty, and is a Consulting Professor at Stanford University. To learn more, visit