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INTRODUCTION TO CRYSTAL BALL

This practical, one-day software training course is just what you need to learn spreadsheet risk analysis with Crystal Ball Standard Edition.

Click here for training that covers the applications, tools and techniques for Crystal Ball Professional Edition.

Through hands-on instruction and real-world case studies, Introduction to Crystal Ball will teach you the basics of Monte Carlo simulation, tornado analysis, how to develop Crystal Ball models, how to gain insights from simulation results, and the best ways to present your findings to peers, management, or clients.

We have designed the pace and material of this course for a general audience, with example models and exercises that cover a wide variety of applications in finance, engineering, project management, and more. Attendees receive manuals, sample exercises, and resource materials.

Who should attend?

classroomThis training course is ideal for complete beginners and for novice Crystal Ball users who want direction on how to best apply the software. Don't have time to teach yourself the software? No one in your office able to help you learn it? Need to learn the software immediately for a time-sensitive project? Then this course is for you.

Haven't used Crystal Ball in a few years? Introduction to Crystal Ball also makes an excellent refresher course and a quick way to learn about the latest analytical tools and features. Intermediate-level modelers with some Crystal Ball experience can also gain valuable insights and tips from our expert trainers.

"Lots of examples and 'hands-on' training."
-- Mary Lee Rigamonti, Financial Analyst, Kinetic Concepts, Inc.

 

The Benefits

This course will:

  • Teach you the basic skills required to make the most of Crystal Ball
  • Show you how to communicate the concept of risk to others
  • Give you a better understanding of the benefits of spreadsheet risk analysis
  • Dramatically shorten the software learning curve
  • Provide you with handy tips, shortcuts, and modeling techniques
  • Allow you to meet and network with other professionals
  • Help you bring the necessary risk and decision analysis techniques back to your organization

Gain the skills necessary to make you a more confident, efficient, and
professional decision-maker.

 

Prerequisites & Fees

Advanced preparation includes:

  1. An introductory understanding of Excel
  2. Competence with Windows operating systems (NT 4.0 or later).

Please click on the Order Online links below for current course fees. The course fee includes lunch and coffee breaks, handouts, manuals, and CDs with example files. You must pay the course fee prior to attending the course.

> Click here for general course policies (includes refund and cancellation information)

Register for a class today!

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Continuing Professional Education (CPE) Credit

Introduction to Crystal Ball is a group live software training course worth eight CPE credit hours (a credit hour is 50 minutes of training per hour). Decisioneering, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

Program Level: Introduction to Crystal Ball - Overview

State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. www.nasba.org.

> Click here for more information on our CPE Credits

 

Standard Agenda

Time: 8:30 a.m. to 4:30 p.m. (Actual start times vary by location. Please check your confirmation letter for actual start time) Lunch provided by Decisioneering.

Morning

Introduction to Monte Carlo simulation

  • What it is and how it works
  • Steps in model development
  • Current environment of spreadsheets
  • Deterministic modeling vs. Stochastic modeling

Probability Distributions and Statistics

  • Basic Distributions
  • Basic Statistics

Getting Started with Crystal Ball

  • Launching Crystal Ball
  • Terminology
  • Navigation

Setting up a Simulation Model

  • Defining Assumptions
  • Correlating Assumptions
  • Defining Forecasts
  • Editing Crystal Ball data
  • Correlation analysis

Lunch (provided by Decisioneering)

Afternoon

Analysis and Presentation of Results

  • Sensitivity Chart
  • Overlay Chart
  • Trend Chart
  • Report Generation
  • Saving Results

Simulation Control

  • Trials
  • Sampling
  • Speed
  • Options
  • Statistics

Basic Crystal Ball Tools

  • Tornado Charts
  • Batch Fit
  • Correlation Matrix

Class Exercises

 
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