These resources are produced as short videos. The collection will grow to include various aspects of Broadleaf's work.

Short introduction to risk modelling

Quick overview (4 min)

A brief summary of common methods for assessing cost contingencies

Introduction to risk modelling

Full presentation (20 min)

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

Monte Carlo simulation of cost risk

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.