Training
For many of us comfortable with Microsoft Excel, creating a model in the spreadsheet environment is relatively easy. However, creating a model that is suitable for the consideration for random variability and correctly analyzing the results requires an understanding of probabilistic methods and the flow of randomness. Frequently, the required understanding is more than that possessed by the majority of technical professionals. Often the result is a model that:
Does not properly predict the effects of random variability and uncertainty
Is time consuming to run
Produces results that cannot be used to avoid risks or improve a system
The effect of this is that the risks associated with random variability and uncertainty have not been properly predicted or mitigated. Therefore, it is essential for an organization wishing to limit risk exposure to have people who understand probabilistic methods and the flow of randomness.
In response to this essentiality, CJSteele Uncertainty Management offers a training service that focuses upon going further than simply covering the theory. The emphasis is upon a comprehensive and intuitive understanding of how random variability flows through a system so that the best tool for a given situation can be used and results can be critically considered for maximum benefit. Training can be tailored to your needs (technical or commercial for example) or a full coverage from basic principles to application can be delivered. In addition, training can be combined with consultation at various stages of a project (typically the beginning, middle and end). This way, you can be more certain that a practical ability in the application of probabilistic methods has been developed within your organization.
If you wish to find out more about what training can be offered, you might wish to take a look at the articles page here where there are a number of publications (many free) on various topics pertinent to the area uncertainty management. Alternatively, please fell free to make contact to discuss what options might best suit you.