Understanding a bespoke model

New starter here at a PE shop focused on real assets. Was given a model and told to understand it (I will get some instruction but for now they just want me to get functionality). There are 25 tabs and over 400 rows on average per tab of long formulas, so it’s pretty intimidating to jump in to. Does anyone have some high level guidance for getting used to a custom model? Tracking one item throughout? Page by page?

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