Decision-Making and Uncertainty Analysis using @RISK5: Two Day Course (8023/AACEI Two)
Description This two-day course aims to provide participants with the tools necessary to conduct robust risk analyses using @RISK5 across a range of applications. The course aims to maximise hands-on experience by building most models from scratch and using this process to facilitate the learning and use of the software in practice. Day 1 is focussed on the fundamentals of @RISK, including learning to operate the software and to interpret the results of the analysis, including hands-on exercises related to cost budgeting, risk registers, and scenario modelling. Day 2 is focussed on extending participants’ @RISK modelling techniques, including further topics in the selection and use of distributions and the capturing of dependency relationships, such as correlation. Further features of the software are also explored, and participants’ own modelling situations are discussed. Hands-on exercises include cash flow modelling, time series modelling, and the implementation of correlation.
Detailed Agenda Day 1: Fundamentals of @RISK AM
PM
Day 2: Building Robust Models with @RISK AM
PM
|
|
|