These resources are produced as short videos. The collection will grow to include various aspects of Broadleaf's work.
Short introduction to risk modelling
A brief summary of common methods for assessing cost contingencies
Introduction to risk modelling
A summary of common methods for assessing cost contingencies and a worked example of risk factor modelling including a demonstration of a model running in Excel using @Risk.
Monte Carlo simulation of cost risk - basic illustration
This is a short illustration of how a simple cost risk model operates. It uses a simplified model of the uncertainty in the cost of a small IT system upgrade built in Excel using the @Risk add-in. Some of the factors that have to be taken into account in a real model are discussed.