Blogs

The term “effective annual rate” (EAR) is very often explained with reference to the compounding…

This is a follow-on article to the one “Key Stages in Modelling Risk and Uncertainty”…

The modelling of risk and uncertainty should involve several stages. These are summarised in this…

One the most important features of @RISK is the ability to embed Excel macros within…

Projects can often be divided into phases. As well as to help set targets, milestones…

The term “Real Option” refers to an additional decision possibility that is created in any…

Since 1989, I have been using risk modelling combined with Monte Carlo simulation to improve…

The IRR rule can also be misleading or inapplicable if the cash flow profiles change…

The use of the internal rate of return in decision-making can be rather subtle and…