{"product_id":"business-risk-and-simulation-modelling-michael-rees-9781118904053","title":"Business Risk and Simulation Modelling in Practice: Using Excel, VBA and @Risk","description":"\u003cp\u003e\u003cb\u003eThe complete guide to the principles and practice of risk quantification for business applications.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e \u003c\/b\u003eThe 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. \u003ci\u003eBusiness Risk and Simulation Modelling in Practice\u003c\/i\u003e 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: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eDetailed descriptions of risk assessment processes, their objectives and uses, possible approaches to risk quantification, and their associated decision-benefits and organisational challenges.\u003c\/li\u003e \u003cli\u003ePrinciples 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.\u003c\/li\u003e \u003cli\u003eIn 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.\u003c\/li\u003e \u003cli\u003eThe 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.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e \u003ci\u003eBusiness Risk and Simulation Modelling in Practice\u003c\/i\u003e 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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Michael Rees\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1118904052\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781118904053\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/21\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 464\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.05lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.70h x 6.50w x 1.20d","brand":"Michael Rees","offers":[{"title":"Hardcover","offer_id":43924138197247,"sku":"9781118904053","price":105.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_a9d9aa5c-0d73-42d3-9927-b7e3fab702f0.jpg?v=1681068703","url":"https:\/\/www.whiterainbookhouse.com\/products\/business-risk-and-simulation-modelling-michael-rees-9781118904053","provider":"WR Book House","version":"1.0","type":"link"}