In this webinar, we’ll outline how QuintilesIMS’ Forecasting Platform can be used to perform many different types of variability analysis. We’ll look at the tradeoffs between traditional scenario-based planning – where planners have a number of self-contained plans that aggregate various contingencies – and more sophisticated Monte-Carlo and event-driven variability models. We’ll look at industry best practices for developing models with variability that incorporate relatively high likelihood events of various impacts, as well as ‘black swans’ – events with a low likelihood. Finally, we’ll demonstrate simple ways of visualizing these outputs and which key variables drive most of the impact of variability.
Presentation July 13, 2017