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Analytica training
Building effective models with Analytica
US West Coast
(San Francisco area)
Training Schedule

April 2-4, 2008
June 25-27, 2008
September 24-26, 2008
December 3-5, 2008

US East Coast
Training Schedule

April 2-3, 2008
   Riverdale, MD
June 4-5, 2008
   Pittsburgh, PA
Future 2008 to be scheduled
   Contact us if you would like to attend training in a particular location.

Canada (Eastern)
Training Schedule

June 10-11, 2008
   Ottawa, Ontario

Onsite Training:

Please contact us if you are interested in scheduling an onsite training training class.

Focus of Training

The two-day workshop provides concentrated training on how to create and use decision models to provide sound results and real insights for more effective decision making in your organization. It is intended for those that have some experience in building models, perhaps with spreadsheets, and want to expand their skills. It combines high-level training on essential concepts for effective model building with hands-on training on how to exploit the power of Analytica.

We invite you to bring your own ideas for modeling projects -- including spreadsheets or Analytica prototype models -- to provide real-world examples to work on during the training.

When offered, an additional third day is devoted to one-on-one coaching by the instructor to assist you working your own modeling project. You may wish to bring materials to work on, such as an existing spreadsheet or initial Analytica model that you would like to refine. Please let us know if you are interested in an optional third day of one-on-one coaching immediately after the 2-day training.

The California-based Trainings emphasize more business applications and the east-coast Trainings generally emphasize applications in public policy and risk analysis. However, both trainings cover the same Analytica features.

Topics covered   Model navigation
  • Model views (diagrams, outlines, result and object windows)
  • Reviewing and auditing models

    Creating effective models with influence diagrams
  • Creating and organizing models with hierarchical influence diagrams
  • Documenting your models for readability and auditing

    Building extensible models with Intelligent Arrays
  • Parametric analysis of model behavior
  • Operations on arrays
  • Linking between Analytica and Excel

    Options for creating user interfaces
  • Creating control panels in Analytica
  • Visual Basic and web interfaces with the Analytica Decision Engine
     
    Understanding and evaluating risk and uncertainty
  • Probability elicitation
  • Choosing probability distributions
  • Monte Carlo simulation
  • Tornado diagrams

    Value-focused modeling
  • Identifying key objectives
  • Measures of value: NPV, IRR, ROI, EVA

    Dynamic Systems
  • Systems dynamics vs. influence diagrams
  • The 'Dynamic' function in Analytica
  • Dynamic sensitivity analysis

    Function libraries and user-defined functions
  • Using and creating user-defined functions and function libraries
  • Plug-ins

    New Functionality in Analytica 3.0 and 3.1

    Individual tutoring on participants' own models

    Effective use of models within the organization
  • Involving decision makers in the modeling process
  • Communicating model results
  • Collaborative model building
  • Eliciting and using expert judgment
  • Assessing the value of modeling

  • Approaches and techniques will be illustrated with examples selected from a variety of fields  

    Example models used in training session

  • Product lifecycle and market analysis
  • R&D portfolio management
  • Customer-centered product design and development
  • Environmental risk analysis
  • Market timing and the competitive landscape
  • Oil and gas exploration
  • Internet business and marketing models

  • Instructors   All instructors have extensive experience in developing decision-support applications using Analytica and other applications. They have worked as consultants on a wide variety of applications in business and public sector problems.
    Computer requirements and training materials  

    You should bring your own laptop computer, or you may rent one, if reserved in advance. Participants will receive a copy of the curriculum.

    Payment and cancellation  

    The price for the full two days is $1295. The optional third day is $650. We offer an early bird price of $1095 (or $1645 including third day) for those that pay at least 3 weeks in advance. Please register early, as space is limited.

    Credit cards and checks are acceptable for payment; checks must be received at least two weeks in advance. We will give a 100% refund if canceled at least 30 days before the training date, 50% if cancel between 30 and 15 days, and no refund for cancellations within 15 days. You may transfer your seat to another person if you are unable to attend.

    To Register  
    To register online, purchase a Two-day Training on our order page or
    contact Lumina at the number below or email sales@lumina.com to reserve a seat.

    Maylene McMillan
    26010 Highland Way
    Los Gatos, CA 95033
    PHONE: 650-212-1212
    FAX: 650-240-2230

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