Mining Students at U of Witwatersrand Get Practical Financial Analysis Experience with @RISK

The University of Witwatersrand in South Africa is offering its mining engineering students some valuable practical guidance and financial analysis experience, to equip them with proficiencies and knowledge that will be required in their professional lives. Using Palisade’s risk analysis tool @RISK, the school is giving students training in and knowledge of Monte Carlo Simulation. Professor […]

GAO Recommends FAA Improve Cost and Schedule Risk Analysis

Next Generation, or NextGen, is the Federal Aviation Administration’s new air traffic control system. Approved by Congress in 2003, the overhaul has proven to be one of the government’s most ambitious and technologically complex projects. NextGen is meant to accommodate increased air traffic, reduce fuel consumption, improve safety, and be interoperable with other international air […]

$750K HIPAA Settlement Underscores Need for Risk Analysis in Healthcare

In September, Cancer Care Group, an Indiana radiation oncology practice, settled with the US Department of Health and Human Services for $750,000 over alleged violations of the Health Insurance Portability and Accountability Act (HIPAA). The problem began when a laptop was stolen from a Cancer Care employee’s car. The laptop contained unencrypted information on the names, […]