Have you ever thought it would be nice to work out – what the most optimal outcome is from your scenario analysis work that you’re doing inside of Power BI?
In this video tutorial, I show you exactly how you can discover this and how you can also include sensitivity analysis techniques to your what-if parameter and scenario analysis work.
Scenario analysis is a truly powerful way to run advanced analytics or discover advanced analytical insights within Power BI.
If you are looking for some in-depth coverage of many scenario analysis techniques then certainly check out the detailed structured course on the topic within Enterprise DNA Online – Scenario Analysis Deep Dive
Incorporating sensitivity analysis and relevant visualizations to your reports enables consumers to see what would happen if multiple scenarios occurred at once versus just a singular result based on a selection.
By utilizing this technique in Power BI, you are giving the consumer a chance to see what the most optimal outcome is based on the scenarios that could occur in your data.
As you can see, this is really powerful stuff. This is really high quality analytical work that is going to impress anyone if you put this in front of them.
This work historically was very difficult to achieve. In Power BI, just like magic, you can create this work. You can create these insights in a really intuitive, effective and a scalable way.
Good luck using techniques like this in your own analysis.
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