Scenario Modeling

Scenario modeling is a powerful analytical technique used in Capital Improvement Planning (CIP) within OneOffice. It involves creating and analyzing different hypothetical scenarios to understand how various factors and variables might impact a project. These scenarios help in making informed decisions and planning for potential uncertainties. Scenario modeling allows you to assess how changes in variables like budgets, timelines, resources, or external factors may affect the project’s outcomes. It’s a valuable tool for risk management, strategic planning, and optimizing project strategies to ensure successful project execution.

How to Create a Report through Scenario Modeling;

1. In the CIP Main Menu, click on the ‘9 dots' in the upper left corner.

2. In the CIP Menu, select ‘Scenario Modeling’.

3. To compare project budgets, select ‘Budget’. To compare programs, select ‘Program’.

4. For both options, there will need to be at least two programs/budgets to compare. Select one or more programs to compare and the report to use as a comparison, as well as the sum types.

5. Select one or more report types for the comparison (including table, bar chart, and pie chart).

6. Click on ‘Add’.

7. Click on ‘Compare’.