Crystal Ball Training CD
Introduction
Get the most out of Crystal Ball with this multimedia training CD.
Risk Analysis Using Crystal Ball, a multimedia training CD, is an excellent interactive way to learn Crystal Ball.
The course is modular and easily navigated so that you can learn at your own pace. The units include software tips and application ideas, as well as periodic tests and exercises to help solidify the concepts.
This course was created in partnership with Dr. John M. Charnes, professor at the University of Kansas School of Business. The training concepts and materials are based on the regular risk analysis training courses taught by Oracle and Dr. Charnes and are intended for a general audience.
The course begins with an overview of spreadsheet simulation and answers the question of why risk analysis is vital to the decision-making process.
After reviewing the basics, the course covers how to define and refine probability distributions. One unit is completely dedicated to the concepts behind the simulation modeling process. Later units discuss simulation controls, sensitivity and tornado analyses, decision table tool, and result presentation.
Unit 15 contains four exercise models that help you to apply risk analysis to such areas as cost estimation, portfolio allocation, design analysis and cash flow analysis.
Risk Analysis Using Crystal Ball covers everything you need to know to use or master Crystal Ball and to perform spreadsheet risk analyses.
The 16 units in the training CD are:
- Welcome (how to use)
- Getting Started (toolbar, how to run, what a simulation looks like)
- Overview of Simulation (when to use, general discussion)
- Understanding CB Forecasts (statistics and forecast output)
- Introduction to Assumptions (what is a distribution)
- Simulation Modeling Process
- Basic Distributions (primary assumptions)
- Additional CB Assumptions (advanced assumptions)
- Fitting Distributions to Data
- Correlations Between Assumptions
- Controlling the Simulation (Run preferences)
- Sensitivity and Tornado Analyses
- Decision Table Tool
- Presentation of Results (charts, reports)
- Additional Exercises (4 practice exercises)
- Conclusion and Resources