ModelRisk Video Tutorials | Vose Software

ModelRisk videos

ModelRisk video tutorialsFrom your first model to advanced features

Short videos that show ModelRisk at work in Excel: building a model, running the simulation and reading the results, switching from @RISK, and techniques for harder problems. Where a video has a workbook, you can download it and follow along.

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43videos
5chapters
7workbooks to download
57 minquick start, in all
Length 12:53

Your first model in 13 minutes

Risk analysis of a simple cost model (video, opens in a new tab)

A complete risk analysis of a simple cost model, from the spreadsheet to the results. Download the model and follow along.

Simple cost model (Excel workbook)

Quick start · 11 videos · 57 min

Build your first model

Short videos, in order, that cover what you need to build your own models in ModelRisk.

  1. 01ModelRisk ribbon overview (video, opens in a new tab)

    A tour of the ModelRisk ribbon in Excel and what each group of tools is for.

    Length 2:44

  2. 02Customising the ModelRisk ribbon (video, opens in a new tab)

    Change the ModelRisk ribbon so it shows the tools you use.

    Length 1:48

  3. 03Quick copy/paste customisation (video, opens in a new tab)

    Choose which functions and tools appear in ModelRisk's Quick-Paste menu.

    Length 0:34
  4. Length 0:37

  5. 05Risk analysis of a simple cost model (video, opens in a new tab)

    A complete risk analysis of a simple cost model, from the spreadsheet to the results. Download the model and follow along.

    Simple cost model (Excel workbook)

    Length 12:53

  6. 06Correlating distributions (video, opens in a new tab)

    Correlate uncertain inputs in a ModelRisk model, using the example model from the video.

    Correlating distributions (Excel workbook)

    Length 12:00

  7. 07Overview of how ModelRisk presents results (video, opens in a new tab)

    The results charts, analytics and reports in ModelRisk, shown on an NPV model with two scenarios.

    NPV, two scenarios (Excel workbook)

    Length 15:43
  8. Length 7:09

  9. 09View Function (video, opens in a new tab)

    See exactly what a ModelRisk function in a cell does.

    Length 0:36

  10. 10Using example models with ModelRisk (video, opens in a new tab)

    Where to find the example models and how to open them in ModelRisk.

    Length 1:19

  11. 11ModelRisk help file (video, opens in a new tab)

    Find your way around the help file, which covers more than 1,000 topics.

    Length 1:34

Switching from @RISK · 3 videos · 4 min

Bring your @RISK models across

Give the ribbon an @RISK-style layout and convert @RISK models, one at a time or many at once.

How ModelRisk compares with @RISK →

Worked examples · 9 videos · 1 h 59 min

Follow a model from start to finish

Each video runs through an example model, from a financial risk register to a correlated insurance portfolio.

Browse the example model library →

Advanced features · 12 videos · 3 h 51 min

Tools for harder problems

ModelRisk has tools that simplify common but technically challenging risk analysis problems. These videos explain some of them.

The ModelRisk Optimizer →

Risk analysis methods · 8 videos · 3 h 45 min

The ideas behind the models

Talks and recorded webinars on quantifying risk for decisions, correlation, and fitting distributions and copulas to data.

Keep learning

More ways to learn ModelRisk

Example models

Worked risk analysis models in Excel that you can open, run and take apart.

Browse the examples →

Step-by-step guide

Run a Monte Carlo simulation in Excel, with plain formulas or an add-in, and download the workbook.

Read the guide →

Training and webinars

Courses in risk analysis and in our software, online or at your offices, and free live webinars.

See training →

Risk Wiki

A free online risk analysis manual of about 1,000 pages, with pages on the ModelRisk functions.

Open the Risk Wiki (opens in a new tab)

More videos and recorded webinars are on the Vose Software YouTube channel (opens in a new tab).

FAQ

Questions about the videos

Do I need a ModelRisk licence to follow the videos?

No. A free trial is enough. Download it, open the workbook from the video where there is one, and follow along.

Can I download the models used in the videos?

Yes, where a video has one: use the workbook link under the video. Many more models are in our example model library.

Do the videos show the current version of ModelRisk?

Many were recorded with earlier versions, so some screens may look different from yours. The ModelRisk help file and the Risk Wiki (opens in a new tab) describe the functions as they work today.

I use @RISK. Can I convert my models?

Yes. ModelRisk includes a converter for a single model or many models at once, and its ribbon can take an @RISK-style layout. The videos in Switching from @RISK show both.

Where can I find more videos?

On the Vose Software YouTube channel (opens in a new tab), which also has recorded webinars.

Is there a course?

Yes. We run courses in risk analysis and in our software, online or at your offices, and free live webinars. See the training page.

Try it on your own model

Download the free trial, open a workbook from the videos and follow along in Excel.

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