This course will give you insights into how sensitivity analysis and scenario planning can improve your company's decisions. You'll also discover tools to obtain and communicate the insights from this analysis.

Sensitivity analysis is the process of varying inputs to a model to assess their impact on the outcomes (i.e., outputs) of the model. This allows you to identify the model inputs that have the biggest impact on the outputs (e.g., profit). This improves decision efficiency and effectiveness. You also get a clear picture of the company's full range of potential outcomes.

Scenario planning explores projections in which multiple assumptions have been changed from the base case or current conditions. Scenario planning allows outcomes to reflect the correlation of multiple assumptions, which may cause their impact to increase exponentially versus a change by any one of the assumptions. Scenarios can explore opportunities for which the company wants to prepare or risks for which the company should take mitigation steps.

You'll learn tools like bookending and tornado diagrams to develop and communicate sensitivity analysis. Many people anticipate a much too narrow range of potential outcomes. This leaves them blind to many good and bad potential outcomes. You'll discover techniques to improve the accuracy of estimates of the most likely outcome and the range of potential outcomes.

This webinar is available with NO ADDITIONAL FEE if you have an active all access membership or webinar membership or can be purchased for $10.00!

Instructor: Rob Stephens Course No: FIN-SENSITIV-G90025 Recommended CPE: 1.00 Delivery Method: Group Internet Based - Webinar Date Offered: 5/6/2025 10:00 AM - 11:00 AM Level of Knowledge: Basic Prerequisites: None Advanced Preparation: None Registration Requirements: No registration is required Recommended Field of Study: Webinars - Group Finance

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