SMART financial modelling - the daily habit of successful modellers

By Nick Crawley on May 11 2011

Successful people generally share the same habits and motivations. The same can be said for successful modellers – their daily habit is a best practice modelling methodology. At Navigator, that methodology is called SMART.

Navigator has launched its financial modelling methodology – SMART. We want to raise the bar in financial modelling and help financial modellers build better models! SMART financial modelling meets the needs of decision makers and financiers across all major project finance industries and is a set of best practice guidelines, internationally applauded for effective and professional financial modelling. The SMART approach to modelling decreases model risk and increases the confidence of all users – it helps people work smarter, not harder.

Benefits of modelling the SMART way

SMART will

Increase user and management confidence
Reduce model risk
Increase modelling productivity
Allow model audits to be performed on time and cost effectively

The SMART modelling approach - transparency, flexibility and presentation

The SMART financial modelling methodology emphasises transparency, flexibility and presentation and introduces rules that underpin how Excel can be used to achieve this. When followed, these rules ensure you develop robust and flexible financial models that achieve not just their design objectives but the objectives of all users.

This is what Navigator strives for and why we have decided to name our methodology SMART– it is just that! This is also why we want to share it with other model developers. The SMART methodology works –it will increase your modelling productivity, save you time and money, and help you build better models!

Join the ranks of successful modellers and start working smarter.

Get your own SMART demo model and the SMART user manual.