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Palisade Training Workshop
RISK & DECISION ANALYSIS
April 19, 2017 - Delhi/NCR








Palisade Training Workshop

Risk and Decision Analysis

April 19th, 2017 • Delhi/NCR

Intensive Risk and Decision
Analysis Training Workshop

Palisade invites you to an intensive 1-day Risk and Decision Analysis Training Workshop in Delhi/NCR on Wednesday, 19th April.

This is a “must attend” event for professionals dealing with risk in any industry. This workshop is designed for anyone who performs risk analysis as part of their work, with all industries and modelling requirements catered to.

The programme includes a hands-on training workshop run by expert Palisade trainer and consultant Rishi Prabhakar. While mainly using common examples such as project cost estimation and discounted cash flow models, all participants will work on models along with the trainer to understand how quantitative techniques like Monte Carlo Simulation and Optimisation can apply to any business decision making problem involving uncertainty.

Also, industry experts will present a selection of real-world case studies about innovative approaches to managing risk and uncertainty in a range of business applications.

The charge to attend this event is GBP 65/participant and includes a 3-month standalone license of DecisionTools Suite Industrial v7.5.

Please note laptops are not provided by Palisade. All participants are required to bring their own laptops with a working copy of the software, if they would like to follow along. Refreshments and a lunch break are provided during the course of the day.

The event promises to be an invaluable opportunity for broadening one's knowledge of risk modelling, and networking with decision-making professionals in a range of industries.

Schedule

Wednesday 19 April 2017

Schedule is subject to change without notice.

 

8:30 - 9:30
Registration and Coffee
9:30 - 9:45
9:45 - 11:00
SOFTWARE TRAINING

Financial and Insurance Modelling with @RISK
Rishi Prabhakar
Palisade Corporation

11:00 - 11:30
Networking Break
11:30 - 12:45
SOFTWARE TRAINING

Project Cost and Schedule Uncertainty with @RISK
Rishi Prabhakar
Palisade Corporation

12:45 - 1:30
CASE STUDY

Contingencies in Business Valuations
Abhishek Bhatt
Deloitte

1:30 - 2:15
Networking Lunch
2:15 - 3:00
SOFTWARE TRAINING

TopRank and PrecisionTree
Rishi Prabhakar
Palisade Corporation

3:00 - 3:45
SOFTWARE TRAINING

Optimisation with Evolver and RISKOptimizer
Rishi Prabhakar
Palisade Corporation

3:45 - 4:30
CASE STUDY

Best Practices in Large Decision Trees
Hitanshu Gandhi
Strategy&, Part of the PwC Network

4:30 - 5:00
Closing Remarks and Networking Tea

Aman Bajaj
Palisade Corporation

Presenters

  Aman Bajaj

Regional Sales & Business Development Manager - India
Palisade Corporation

Aman joined Palisade towards the end of 2012 with a focus on growing the business for Palisade software and training services in India. During the last two years, Palisade has had considerable success in terms of winning new key customers on both the academic and industry side of the business in India. Aman holds a Bachelor of Engineering from Gulbarga University and also completed a Post Graduate Diploma in Capital and Financial Markets from Indian Institute of Foreign Trade, New Delhi. Having passed CFA Level 1 in 2010, he is also studying towards the next level of this certification.

  Abhishek Bhatt

Consultant
Deloitte

Abhishek works with Deloitte Financial Advisory as a Consultant. In 3 years of his tenure at Deloitte, he has supported multiple valuation projects and audits of large private equity clients. His area of focust is complex securities (Options and Warrants), valuation of privately held enterprises with complex capital structure.

His prior experience includes Management of debt based portfolios.

  Hitanshu Gandhi

Director
Strategy&, part of the PwC network

Over the last decade, Hitanshu has helped bring peace of mind to decision makers in uncertain sectors like oil and gas, airports, aviation, power and pharma where clients need to place big long-term bets. He has extensive experience collaborating with clients solving their most pressing concerns, ranging from strategic transformations, significant investment opportunities, strategy execution, organization restructuring, transaction advisory, risk management and program management.

  Rishi Prabhakar

Trainer and Consultant
Palisade Corporation

Rishi brings a broad range of experience and expertise to the Palisade team. He has worked in and consulted to the energy industry, telecommunications, scientific research, banking and finance with an emphasis on operational risk and Basel II. Rishi has expert skills in the areas of statistical analysis, simulation, time series forecasting, risk/capital modelling, extreme value theory, survey design and analysis. He holds a BSc Mathematics from the University of Technology, Sydney.

Abstracts

  Intro to Palisade and the World of Probabilistic Analysis

Aman Bajaj
Palisade Corporation

We will open the conference with a brief overview of Palisade, and then address the question you’ve undoubtedly been faced with: “What is risk analysis, and why do I need it?” After all, risk management appears to have failed in many examples, and even now companies are trying to figure out how to grapple with risk and unlock the power of probabilistic analysis. How do we avoid missteps, and how do we make the most of the tools we have for managing the future?

  Financial and Insurance Modelling with @RISK

Rishi Prabhakar
Palisade Corporation

This session is an introduction to the fundamentals of @RISK, using a Discounted Cash Flow model as the basis. This includes inserting input distributions and output functions to the spreadsheet, running a simulation, and then generating graphs and reports. We will discuss the interpretation of these Monte Carlo Simulation results, and describe the more advanced work that is possible. Following on from this we will work with an example from the Insurance industry modelling claims, highlighting the special functionality necessary to accurately represent such applications.

  Project Cost and Schedule Uncertainty with @RISK

Rishi Prabhakar
Palisade Corporation

In this session we will look at the role probabilistic quantitative analysis plays in Project Management, focussing on costs and risk events. We will discuss the concept of contingency, and introduce a mathematically correct approach to modelling risk registers.

We will also showcase @RISK's interface with MS Project via Excel to enable the modelling of schedule uncertainty. We will cover some of the unique aspects of this modelling; variable start dates and durations, probabilistic Gantt charts and the Critical Index.

  Contingencies in Business Valuations

Abhishek Bhatt
Deloitte

Financial Transactions involve a complex structure of contingencies and target based payments. The forecasting of financial variables in a risk-based framework has been a continuous challenge for Valuation Practitioners. We explore the methods to capture the uncertainties in the market environment and business specific risks from a fair value perspective for reporting and compliance purposes.

  TopRank and PrecisionTree

Rishi Prabhakar
Palisade Corporation

A concise introduction to these two very useful tools. With TopRank we will perform deterministic sensitivity analyses on spreadsheet models, creating tornado charts and spider graphs. TopRank can even find the inputs for you! Decision trees are a great tool for visualising complex decision problems and analysing them. PrecisionTree gives you the power to easily build them in Excel and produce Policy Suggestions and Risk Profiles.

  Optimisation with Evolver and RISKOptimizer

Rishi Prabhakar
Palisade Corporation

In this session we will explore the idea of how to make optimal decisions for your business. Whether you are maximising profit with a fixed budget, minimising logistics costs, or working out where to locate cell phone towers, Evolver and RISKOptimizer can help you make these decisions and more. By operating on your spreadsheets, practically any decision can be optimised; Evolver solves deterministic problems, while RISKOptimizer provides optimal decisions under uncertainty.

  Best Practices in Large Decision Trees

Hitanshu Gandhi
Strategy&, part of the PwC network

Decision trees are intuitive problem solving tools. However, as the number of variables increases, their complexity increases exponentially. This presents practical difficulties for end users, who often resort to sub optimal simplification. Leveraging his experience leading large decision tree projects, Hitanshu will demonstrate Precision Tree best practices that help modelers create & evaluate large decision trees quickly, and without errors.

Venue Details

 

The Oberoi Gurgaon
443, Udyog Vihar Phase V
Gurgaon- 122016

Email: reservations@oberoigroup.com
tel. +91 (11) 2389 0606
For more information, see the hotel website.

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