How to Implement a Modelling & Simulation Strategy

How to Implement a Modelling & Simulation Strategy

The technological advances of recent years have led to a massive increase in product complexity. Businesses need to make sure they can engineer and deliver efficient and optimised products to not only lead but also remain competitive.

Maximising the opportunities and benefits gained from the latest digital engineering capabilities is critical. Adopting local optimum solutions is ineffective, so businesses must invest in a comprehensive and coordinated approach to achieve the global optimum and maximise the effectiveness of their digital engineering capability.

To achieve this, you need a Digital Engineering (Modelling and Simulation) Strategy that takes account of the tools and the processes, methods, models, data, organisation, and computing infrastructure.

This high-level training course focuses on modelling and simulation tools from a C-level perspective, identifying business goals, product requirements and organisation needs before introducing a framework that will become the foundation of your comprehensive Modelling and Simulation strategy.

It also addresses the challenges you'll face when deploying the strategy, and shows you how to tackle them head-on to ensure successful implementation.

Interaction is encouraged throughout the course. Questions and class participation are encouraged, as this is one of the key aspects of making this a unique and positive experience for each attendee.

What will you learn?

• Establish your business needs and priorities for modelling and simulation
• Uncover the critical requirements of a modelling and simulation capability
• Assess the current state of modelling and simulation in your business
• Recognise the challenges and opportunities for implementing effective and efficient modelling and simulation
• Understand the framework for a comprehensive modelling and simulation strategy
• Discover the best approach to building a modelling and simulation strategy
• Understand each element of the process and how to assess gaps and develop a plan for each element
• Tackle the practical challenges in implementing a strategy
• Learn how to estimate and minimise costs and maximise the benefits to achieve a strong business case

Who Should Attend?

• Business Leaders
• Engineering Leaders and Managers
• Manufacturing Leaders and Managers
• Modelling and Simulation Managers
• Engineers and engineering analysts who need to learn how to organise and manage effective and efficient modelling and simulation activities to support their organisation's needs as well as their own career progression