Business Risk and Simulation Modelling in Practice

Using Excel, VBA and @RISK

Business & Finance, Finance & Investing, Finance
Cover of the book Business Risk and Simulation Modelling in Practice by Michael Rees, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael Rees ISBN: 9781118904046
Publisher: Wiley Publication: August 5, 2015
Imprint: Wiley Language: English
Author: Michael Rees
ISBN: 9781118904046
Publisher: Wiley
Publication: August 5, 2015
Imprint: Wiley
Language: English

The complete guide to the principles and practice of risk quantification for business applications.

The assessment and quantification of risk provide an indispensable part of robust decision-making; to be effective, many professionals need a firm grasp of both the fundamental concepts and of the tools of the trade. Business Risk and Simulation Modelling in Practice is a comprehensive, in–depth, and practical guide that aims to help business risk managers, modelling analysts and general management to understand, conduct and use quantitative risk assessment and uncertainty modelling in their own situations. Key content areas include:

  • Detailed descriptions of risk assessment processes, their objectives and uses, possible approaches to risk quantification, and their associated decision-benefits and organisational challenges.
  • Principles and techniques in the design of risk models, including the similarities and differences with traditional financial models, and the enhancements that risk modelling can provide.
  • In depth coverage of the principles and concepts in simulation methods, the statistical measurement of risk, the use and selection of probability distributions, the creation of dependency relationships, the alignment of risk modelling activities with general risk assessment processes, and a range of Excel modelling techniques.
  • The implementation of simulation techniques using both Excel/VBA macros and the @RISK Excel add-in. Each platform may be appropriate depending on the context, whereas the core modelling concepts and risk assessment contexts are largely the same in each case. Some additional features and key benefits of using @RISK are also covered.

Business Risk and Simulation Modelling in Practice reflects the author′s many years in training and consultancy in these areas. It provides clear and complete guidance, enhanced with an expert perspective. It uses approximately one hundred practical and real-life models to demonstrate all key concepts and techniques; these are accessible on the companion website.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The complete guide to the principles and practice of risk quantification for business applications.

The assessment and quantification of risk provide an indispensable part of robust decision-making; to be effective, many professionals need a firm grasp of both the fundamental concepts and of the tools of the trade. Business Risk and Simulation Modelling in Practice is a comprehensive, in–depth, and practical guide that aims to help business risk managers, modelling analysts and general management to understand, conduct and use quantitative risk assessment and uncertainty modelling in their own situations. Key content areas include:

Business Risk and Simulation Modelling in Practice reflects the author′s many years in training and consultancy in these areas. It provides clear and complete guidance, enhanced with an expert perspective. It uses approximately one hundred practical and real-life models to demonstrate all key concepts and techniques; these are accessible on the companion website.

More books from Wiley

Cover of the book Social Media Marketing For Dummies by Michael Rees
Cover of the book Infrastructure as an Asset Class by Michael Rees
Cover of the book Polar Bear Pirates and Their Quest to Engage the Sleepwalkers by Michael Rees
Cover of the book The Esophagus by Michael Rees
Cover of the book How to Succeed at the Medical Interview by Michael Rees
Cover of the book Between Quran and Kafka by Michael Rees
Cover of the book Essential Tools for Organisational Performance by Michael Rees
Cover of the book Corporate Value of Enterprise Risk Management by Michael Rees
Cover of the book The Law of Tax-Exempt Healthcare Organizations 2016 Supplement by Michael Rees
Cover of the book Social Bioarchaeology by Michael Rees
Cover of the book Inbound PR by Michael Rees
Cover of the book Basic Maths Practice Problems For Dummies by Michael Rees
Cover of the book Design of Steel Structures by Michael Rees
Cover of the book Advances in Malignant Hematology by Michael Rees
Cover of the book Power Yoga für Dummies by Michael Rees
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy