Modelling
Run the risk model
Step 4 of the setup sequence — Monte Carlo simulation of Total Cost across every Regular Pooled Record risk, weighted by Likelihood.
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Connect a folder to get started
Modelling runs against the Excel workbook in your connected folder.
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Run Monte Carlo simulation
Simulates the Total Cost (Direct Cost + Knock On) of every Regular Pooled Record risk, weighted by its assessed Likelihood, across many trials to produce a cost distribution.
No Regular Pooled Record risks yet — add or change a risk record's Record Type in the Risk Register to include it in modelling.