From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK. @RISK helps both Fortune 100 companies and private consultancies paint a realistic picture of possible scenarios. This allows businesses to not only buffer risks, but also identify and exploit opportunities for growth.
@RISK offers a wide variety of customizable, exportable graphing and reporting options that let you communicate project risk to all stakeholders. Quickly communicate the viability of a project with project management cost estimation.
By sampling the different possible inputs of your project, @RISK calculates thousands of possible future outcomes, and the chances they will occur using Monte Carlo simulation. This helps you avoid likely risks—and uncover hidden opportunities in the project management process.
@RISK integrates seamlessly with Excel’s function set and ribbon, letting you work in a familiar environment with results you can trust. This Microsoft Excel add-in for project management can give you the control you need to fully communicate project risk and create contingency plans.
No matter what industry you're in, the DecisionTools Suite can help you make decisions with confidence. Take the guesswork out of big decisions, and plan strategies with confidence. With the DecisionTools Suite, you can assess risk and optimize decisions – right in your Excel spreadsheet.
DecisionTools Suite software integrates seamlessly with Microsoft Excel, and includes:
Evolver performs optimization in Microsoft Excel using genetic algorithms, linear programming, or the OptQuest solving methods. It finds the best solution to linear problems large and small, and gives the best overall global solution to nonlinear, complex problems where other solvers fail.
PrecisionTree performs decision analysis in Microsoft Excel using decision trees and influence diagrams. Decision trees let you visually map out complex decisions in a sequential, organized manner. This helps you identify all possible alternatives and choose the best option.
NeuralTools performs predictions in Microsoft Excel using sophisticated neural networks. NeuralTools imitates brain functions to “learn” patterns in your known data, using those patterns to make predictions from new, incomplete data. NeuralTools can automatically update predictions live when input data changes, saving time and enabling more robust analyses.
StatTools performs forecasting and statistical analysis in Microsoft Excel. It replaces Excel’s built-in statistics functions with its own, more robust and accurate functions. StatTools covers the most common statistical analyses, and even allows you to build your own custom statistical procedures.
TopRank performs automated “what if” sensitivity analysis on Microsoft Excel spreadsheets. Define any output or “bottom line” cell or cells, and TopRank will automatically find and vary all input cells which affect your output. This allows you to identify and rank all input factors which affect your bottom line.
RISKOptimizer uses genetic algorithms or OptQuest methods, along with Monte Carlo simulation, to solve optimization problems. RISKOptimizer tries different combinations of adjustable cells to achieve the goal you define, while running Monte Carlo simulations on each trial solution to account for inherent uncertainty.
@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel spreadsheet—and how likely they are to occur. This means you can judge which risks to take and which ones to avoid.
We turn the art of decision-making into a science that works for you.
Our innovative software solutions create usable insights from uncertain situations. As the leading provider of risk and decision analysis software for three decades, Palisade enables companies and organizations to evaluate risk at any level and decide what step comes next.