ModelRisk Fundamentals Practitioner Training Nov 2025

Welcome to our 2-day ModelRisk training course, tailored for professionals seeking to leverage advanced risk modelling techniques. Over two comprehensive sessions, you?ll gain hands-on experience with ModelRisk, a powerful tool for quantitative risk analysis.

The first session will introduce you to Quantitative Risk Analysis (QRA) fundamentals and familiarize you with the ModelRisk interface. You?ll learn how to integrate uncertainty into your models, create a risk register, and execute your first model run. This session lays the groundwork for effectively utilizing ModelRisk in your risk management processes using a simple cost budgeting model.

The second session will deepen your understanding by focusing on interpreting results using the results viewer, conducting sensitivity analysis, and crafting ?what-if? scenarios. You?ll also explore simulation configuration and learn how to generate customized reports in Excel. By the end of this course, you'll be proficient in applying ModelRisk to analyze and mitigate risks, and effectively communicate your findings. Prepare to enhance your risk modelling capabilities and drive more informed decision-making in your organization.

Prerequisites No advanced preparation is required. Attendees will require their own computer with a trial/full version of ModelRisk installed. Reliable internet connection and ideally two monitors (one to visualise the presentation and one for the models to follow along the exercise). This is hands-on training and will require your full attention.

Program Level Beginner to Intermediate

Delivered by experts ? The Ferryfield Group (Vose Software accredited model training partner) The course is delivered by The Ferryfield Group, whose highly skilled consultants bring many years of experience, expertise, and knowledge in the areas of quantitative project risk analysis (cost risk/schedule, risk/uncertainty, analysis/risk & mitigation registers), finance, statistics, and business forecasting. Ferryfield consultants have worked across many industries and geographies, providing thought leadership and modelling expertise to some of the world's largest companies.