Struggling with your NCAA bracket? Try Monte Carlo simulation, with help from the pros.

Each March, office productivity is greatly impacted by the NCAA Men’s Basketball Tournament. Just about everyone—regardless of their passion for college basketball—fills out a bracket in hopes of winning their respective pool (or pools). Some rely strictly on their knowledge of the teams involved, while others choose winners based on uniform color, where they’d rather […]

“Practical Challenges of Implementing Risk Analysis in Oil Companies” in Oil & Gas Monitor

Oil & Gas Monitor features a regular column by Palisade's Rafael Hartke. The March column is titled "Practical Challenges of Implementing Risk Analysis in Oil Companies." "Oil companies face a number of practical challenges when moving forward with deterministic (static, non-risk) analyses and implementing risk analysis within their decision-making process. Utilizing risk analysis during a […]

March 2013 Academic Enews: Rotman School of Management Students Learn to Make Key Financial Decisions Using Monte Carlo Simulation

Palisade March 2013 Academic Enews In This Issue » Rotman School of Management Students Learn to Make    Key Financial Decisions Using Monte Carlo Simulation "Many leading corporations are now using Monte Carlo simulation in their  business cases. Students who want a leg up with such corporations  should seek out all opportunities to get experience […]

March 2013 E-News: Engineering Giant AECOM Employs @RISK in Key Climate Change Study for Australian Government

What’s New Engineering Giant AECOM Employs @RISK in Key Climate Change Study for Australian Government With flooding an increasing threat to coastal residents north of Sydney, Australia, @RISK software was employed by engineering firm AECOM to model the risks and benefits of various preventative measures. AECOM was engaged by the Australian Department of Climate Change […]