![]() Advantages and Disadvantages of simulation.Overview and history of Monte-Carlo Simulation.Workshop: What does 90% confidence really mean? Modeling vs.Understanding risk analysis key concepts and definitions.The flaw of averages: Why 70%+ projects fail to deliver on expectations.Where risk analysis and simulation integrate with the planning process.MODULE 1 – Enhancing the modeling process with simulation Why is Risk Analysis critically important in today’s world? This workshop is designed for both the beginner and advanced business analyst and we will fully cover the A to Z of applying risk analysis techniques and modelling best practices to CAPEX Cost Estimates, Project Schedules and Discounted Casflows. Focused on project risk analysis, participants will discover how to use Monte-Carlo simulation and optimization tools to make decisions and assess risk in day-to-day situations as well as planning for building complex models & forecasts. Using Oracle Crystal Ball or Palisade’s participants will learn simple and effective quantitative modelling techniques/skills and tools to calculate the odds of success using Monte-Carlo Simulation. ![]() ![]() ![]() PROJECT RISK ANALYSIS AND MODELLING SKILLS OVERVIEW If you need to calculate the odds of delivering on-time or on budget, the only way is through probabilistic project risk analysis.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |