Hands On Training

Monte Carlo Simulation Fundamentals

Pluralsight

Course Features

Duration

3.28 hours

Delivery Method

Online

Available on

Downloadable Courses

Accessibility

Mobile, Desktop, Laptop

Language

English

Subtitles

English

Level

Beginner

Teaching Type

Self Paced

Video Content

3.28 hours

Course Description

Are you faced with a decision that is difficult about a uncertain outcome? Perhaps you need to forecast when customers will receive your agile-developed software product. This course, Monte Carlo Simulation Fundamentals teaches you how to use Microsoft Excel to model these uncertainties and more using a Monte Carlo simulation model. You'll first learn why Monte Carlo simulation is useful for solving estimation problems. Next, you will learn how to build a Monte Carlo simulation and how to use prebuilt Monte Carlo simulation models. You'll also learn how to solve more complex problems than commercial Monte Carlo simulation software can solve. This course will teach you what a Monte Carlo Simulation is and why it is used. You'll also learn how to create your own Monte Carlo simulation with the built-in functions in Microsoft Excel.

Course Overview

International Faculty

Case Based Learning

Post Course Interactions

Case Studies,Instructor-Moderated Discussions

Case Studies, Captstone Projects

Skills You Will Gain

Course Content

Expand all sections

Module 1: Introduction to Monte Carlo Simulation

Module 2: Understand Commonly Used Probability Distributions

Module 3: Monte Carlo Simulation Foundations

Module 4: Build Your First Monte Carlo Simulation Model

Course Instructors

William Davis

Instructor

William W. Davis works in the IT industry promoting personal and organizational agility and sharing innovative tools/techniques with fellow agilists, project managers, developers, functional managers...