Resources
A Dive into Documentation, Evidence Gathering and Continuous Quality Improvement (CQI) Accreditation management is a multi-faceted process that requires meticulous planning, systematic implementation, and ongoing oversight. Among the myriads of challenges faced by educational institutions during the accreditation process, two stand out as particularly daunting: Documentation & Evidence Gathering and Continuous Quality Improvement (CQI). In […]
Managing staff absences can cause a real pain for an organization - logistics, increased costs, and disruption to customer service and care are just a few of the problems. Using historical data, we are able to use @RISK to predict staff absences in a given day of a given month. In this webinar, we will present how we […]
Field-based student learning programs are an excellent way for students to experience and learn through hands-on activities. These programs allow students to immerse themselves in real-life situations and apply theoretical knowledge to practical situations. However, program administrators and instructors must determine and evaluate metrics to measure these programs’ success. Here are three measurable metrics they […]
“Lift the lid” on the black-box of Monte Carlo simulation – to see that there is not a lot there! Yet it is a very robust (hard to make mistakes) and powerful technique – and the only one for correctly calculating outcome probabilities for “complicated”, real-world, uncertain situations such as football tournaments. Using the 2024 EUROs, the […]
The quest for excellence begins in academia and extends beyond the classroom and into practical experiences. Crafting robust field placement programs is paramount for department chairs, professors, and researchers in education. These initiatives not only distinguish institutions but also shape students’ futures. In this blog post, we delve into the significance of field placement software […]
We often discuss different qualitative data analysis methodologies on Between the Data such as different approaches to sifting and understanding the data that research generates. What we don’t often talk about are the practical, nuts-and-bolts aspects of coding in qualitative research – especially when coding with a team. Lindsay Giesen is a Principal Research Associate […]
This example looks at cash flow analysis of projects with multiple phases (5) such as those typically found in the pharmacological industry. Each phase has its assigned cash flow and probability of proceeding onto the next phase. We are interested in evaluating the cashflow of the portfolio given the chance of approval and the uncertainty […]
Dr. Folorunso Oludayo Fasina of the University of Pretoria and colleagues used the DecisionTools Suite to create a low-cost and easily implementable model to estimate foodborne contaminations and human infections from the avian influenza H5N1 virus in Egypt and Nigeria.
Researchers used @RISK and PrecisionTree to model the likelihood of a successful evacuation during a volcano eruption. University of Bristol’s Environmental Risk Research Centre (BRISK) adds new dimension to modeling volcanic risk in Guatemala. Conducting a quantitative risk assessment is often a difficult process, requiring data that is sparse or even unobtainable. With volcanoes, the […]
Researchers used @RISK and PrecisionTree to model the likelihood of a successful evacuation during a volcano eruption. University of Bristol’s Environmental Risk Research Centre (BRISK) adds new dimension to modeling volcanic risk in Guatemala. Conducting a quantitative risk assessment is often a difficult process, requiring data that is sparse or even unobtainable. With volcanoes, the […]
Offered by the Charles H. Dyson School of Applied Economics and Management at Cornell University, Dr. Calum Turvey’s Risk Simulation and Optimization course introduces students to @RISK to evaluate problems of finance, including capital budgeting, investments, random walks, derivatives pricing and real options. Calum Turvey, W.I. Myers Professor of Agricultural Finance, uses @RISK in his […]
Offered by the Charles H. Dyson School of Applied Economics and Management at Cornell University, Dr. Calum Turvey’s Risk Simulation and Optimization course introduces students to @RISK to evaluate problems of finance, including capital budgeting, investments, random walks, derivatives pricing and real options. Calum Turvey, W.I. Myers Professor of Agricultural Finance, uses @RISK in his […]
