What are the potential biases and errors in using risk assessment tools?
Risk assessment tools are widely used in various domains, such as project management, health care, security, and finance, to help leaders make informed decisions and mitigate potential hazards. However, these tools are not flawless and can be affected by various biases and errors that can compromise their validity and reliability. In this article, you will learn about some of the common sources of bias and error in risk assessment tools, how they can impact your leadership outcomes, and what you can do to avoid or minimize them.