QRAMCDTQuantitative Risk Analysis: Monte Carlo and Decision TreesMonte Carlo and decision trees, hands-on
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English
Advanced
Face to Face
Instructor-Led Training
(F2F-ILT)
Virtual
Instructor-Led Training
(V-ILT)
COACHING
& MENTORING
(C&M)
Self-Paced
Learning
(SPL)
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Course Overview
Quantitative Risk Analysis: Monte Carlo and Decision Trees moves risk and project management professionals beyond qualitative risk discussion into genuine quantitative assessment. The course covers Monte Carlo simulation, risk quantification, and decision trees as practical tools rather than academic statistics. Delegates run a real risk simulation themselves and interpret the results, building th
Key Takeaways
1
Run a Monte Carlo simulation to quantify project or portfolio risk exposure
2
Build and interpret decision trees for risk-based decisions
3
Quantify risk in terms stakeholders can act on, not just describe
4
Bring numerical rigor to conversations that are usually purely qualitative
5
Apply quantitative risk tools directly to your own live projects
Certifications
LEORON - Professional Development Institute
LEORON Institute is the leading corporate training and EdTech company in the EMEA region, with the most comprehensive learning and development solutions in all strategic corporate functions, including Corporate Finance, HR, Procurement and SCM, Technology, Quality, Operations and Engineering. Through instructor-led sessions, in-company training, and coaching, our faculty of experts deliver over 2,000+ programs annually, while 50,000+ learners are equipped with up-to-date relevant education and the latest tech solutions across the EMEA region.
As a NASBA-registered CPE sponsor with a KHDA educational services permit in Dubai, LEORON also offers selected professional certifications eligible for HRDF reimbursement in Saudi Arabia.
As a NASBA-registered CPE sponsor with a KHDA educational services permit in Dubai, LEORON also offers selected professional certifications eligible for HRDF reimbursement in Saudi Arabia.
Course Outline
1. Why quantitative risk assessment changes the conversation
2. Monte Carlo simulation fundamentals
3. Building and reading decision trees for risk decisions
4. Quantifying risk exposure in defensible terms
5. Running a real simulation and interpreting the output
Who Should Attend?
This course suits risk and project management professionals ready to move beyond qualitative risk discussion into genuine quantitative assessment. It is especially useful for those who need to bring numerical rigor to risk conversations that have so far relied purely on judgment.
FAQ
Do I need a statistics background for this course?
No advanced statistics background is required; the course builds the necessary concepts as it introduces the tools.
How does this connect to the Certified Risk Modeler program?
This course introduces core quantitative techniques central to that broader five-day certification.
What software is used for the simulation exercise?
The course uses accessible, widely available tools so the techniques can be replicated back at the office without specialized software.