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The Handbook of Financial Modeling: A Practical Approach to Creating and Implementing Valuation Projection Models by Jack Avon

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Modeling Handovers Dos and Don’ts

This chapter deals with the handover of models from the modeler to the maintainer. I use the term “maintainer” quite loosely to signify anyone who is purported to own, use, or maintain the model. Model handovers are not specified affairs, and there are no standard procedures relating to the handover. In reality, they are often casual “here is the model” type situation. Therein lies the problem because modeling does not end when the model is finally built. Modeling ends when the model has been accepted by the receiving party. Until that acceptance is received, the handover is not official.

In this chapter, I want ...

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