Part 5: Simulate

In this part, you create a workspace, set up assumptions in the Scenario Manager, and activate a simulation scenario.

Simulations in Valsight start from a data baseline, apply line items to simulatable nodes, and calculate scenarios as changes on top of that baseline.

For detailed reference on any of the concepts here, see Workspaces and Scenario Manager.

Watch the video guide

Steps

1. Create a workspace

   A workspace is where you analyze results and run simulations.

   1. Go to the Workspace overview within your project.
   2. Click Add.
   3. Enter the workspace details:

   Field	Value	Notes
   Name	Revenue Driver Simulation
   Model	100_P&L	Select the topmost submodel.
   Default scenario	Data	The baseline with no assumptions active.

   4. Click Create.
   5. Open the workspace.

2. Create the price adjustment assumption

   The Scenario Manager is where you define assumptions and scenarios.

   1. Open the Scenario Manager.
   2. Click Create assumption.
   3. Enter the name Price Adjustment.

3. Add a line-item to price adjustment

   1. Click the + icon on the assumption.
   2. Select the simulatable node Price Adjustment.
   3. Choose Absolute. This adds the entered value directly on top of the baseline, as opposed to Relative, which applies it as a percentage change.
   4. Click Create.

4. Enter a premise

   1. Click on the line-item name to open the input table.
   2. Enter 10 for Premium / USA / 2026 in the Change column.
   3. Click Save.

5. Create the volume change assumption

   1. Create a second assumption called Volume Change.
   2. Add the simulatable node Market Growth.
   3. Choose Absolute.
   4. Click on the line-item name to open the input table.
   5. Enter 5 for Europe / 2026 and 3 for America / 2026 in the Change column.
   6. Click Save.

6. Activate the assumptions

   Activate both assumptions for the Simulation scenario.