Joint Planning and Commissioning Easy Monte Carlo Tool

Provider:

DCSF

Topics:

Joint planning and commissioning

Type:

Information and guidance

Date:

March 2007

This spreadsheet based tool gives local authorities access to Monte Carlo statistical modelling techniques. The technique allows local authorities to take account of the different factors which may affect spend levels. This will give authorities the ability to more accurately estimate expenditure to take account of uncertainty.

Monte Carlo is a recognised statistical technique, which is recommended by the Treasury.

Click to read more about joint planning and commissioning.

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Last updated on 01/03/2007