Risk Analysis Tornado Diagram. Click the green tornado f11 icon on the toolbar. This diagram is used to compare the importance of different variables.
Risk sensitivity analysis is a quantitative risk analysis technique. A spider diagram can be used when sensitivity variables are expressed as percentages eg120 or 90. First we introduce a new method.
The tornado diagram uniquely identifies those factors that are high in both their impact or leverage and uncertainty.
It can also be useful as part of the analytical projects results giving the decision makers some insight into the uncertainties and their. As one of the tools used in sensitivity analysis the tornado diagram is used to compare the importance relative of different variables. The tornado diagram is a special bar chart that is used in sensitivity analysis. Such graphs have their most direct interpretation for linear models with independent input distributions such as in most typical cost budgeting models.