This hands-on course provides a detailed treatment of essential concepts for performing sound risk analyses. 80+ example files are provided that demonstrate the techniques covered in the course, and more. Every user of Crystal Ball who is looking to become proficient as a practicing risk analyst should attend this course. This course will deliver the procedures and tools that will help you effectively control risk. The software used in the course is Crystal Ball Professional.

Day 1: Effectively Controlling Risk: The Basics

1. Overview and a Roadmap for Performing a Risk Analysis
2. Measuring Uncertainty: The Range and Shape of Key Uncertain Variables.
3. A step-by-step examination of Crystal Ball using simple examples

Day 2: The Three Key Components for Producing a Sound Risk Analysis

1. Selecting a sound distribution:
   a) The basics
   b) Fitting distributions to data
   c) Fitting distributions to expert opinion
   
2. Modeling correlation (interdependence) between uncertain variables
3. Modeling uncertainty over time: sound ad hoc methods
4. E. Performing a risk analysis step-by-step: An example

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