EasyPlanEx is both a simple and powerful tool that performs capital budgeting. It is a self-contained non-spreadsheet software that solves four key issues related to using spreadsheets:
- It automatically evaluates up to thousands of scenarios, instead of evaluating only one project configuration
- It performs risk analysis (Monte Carlo) considering probabilities for uncertain variables, instead of only considering given values
- Modeling is carried out by using statements like Sales=Volume*Price, instead of using cryptic formulas that are prone to hiding errors
- Its documentation feature and transparent modeling facilitate team work and reviews by upper levels
Thus, project profitability is increased, project risk is measured, modeling errors are significantly reduced and comprehensive and updated project documentation is provided. Interface language can be selected: English/Spanish. Tutorial videos and introductory self-learning course are included (Spanish).
