Speaker
Description
Adoption of Uncertainty Analysis in modern business environment is often challenging due to gaps in relevant skills and tooling (especially among decision makers). At the same time Excel is ubiquitous and can be used to build decision maker's intuition about uncertainties. This talk will introduce typical business problem faced by businesses and organizations on daily basis and showcase a fully transparent formula-only Excel model with no dependency on external libraries or macros, that can enlighten and inform about effect of uncertainties on business outcome(s).
In this talk we will discuss framing, expert knowledge elicitation, modeling, visualization and communication of results to facilitate discussion about uncertainties and ultimately aid the decision making.
