“Ensuring Food Safety with Monte Carlo Simulation” in Risk Management Monitor

In light of last month's events at the Food Safety Summit in Maryland, it seems appropriate to highlight a recent article "Ensuring Food Safety with Monte Carlo Simulation" featured in the Risk Management Monitor. The article shines light on the fact that the U.S. Food and Drug Administration has launched an interactive web-based tool called […]

Free Webcast this Friday: The Cure for the Flaw of Averages, Using Palisade DecisionTools Suite to Visualize Risk and Uncertainty

Presented by: Andrew Pulvermacher, Nighthawk Intelligence, LLC When: Friday, March 21, 2014 at 11:00 am EDT » REGISTER NOW for FREE The Cure for the Flaw of Averages, Using Palisade DecisionTools Suite to Visualize Risk and Uncertainty will be presented by Andrew Pulvermacher of Nighthawk Intelligence, LLC. On Friday, March 21, 2014 at 11:00 am […]

This Month: Introductory Risk & Decision Analysis Software Demonstrations in Four Different Languages

This month we are offering our Introduction to Risk and Decision Analysis using @RISK and the DecisionTools Suite webcast in a variety of languages including German, French, Portuguese and English. Our Regional Sales Managers and Trainers have designed these webcasts to provide an entry-level introduction into probabilistic analysis and will show how Monte Carlo simulation […]

Custom Solutions within the Insurance Sector: Catastrophe and Large Loss Simulation Model

Insurance companies are now encouraged by regulation to perform assessment of their own risk exposure. Monte Carlo simulation, and particularly @RISK are extremely useful in performing assessments that can be used not only to satisfy regulators, but also to improve financial risk management within the company. Waszink Actuarial Advisory in collaboration with Palisade's Custom Development […]

Custom Solutions: Using @RISK for Oil Field Development Decisions

Oil companies need to assess new fields or prospects where very little hard data exists. Based on seismic data, analysts can estimate the probability distribution of the reserve size. With little actual data available, companies still must quantify and optimize the Net Present Value (NPV) of this asset. The number of wells to drill, the […]

Risk Professionals Gather in Vegas for Palisade’s 2013 Risk Conference

The 2-day Palisade Risk Conference in Las Vegas brought together around 170 decision-makers from a wide range of industries at the Mandalay Bay Resort & Casino. In the ever-popular Software Presentations track, Palisade developers and trainers covered features of the DecisionTools Suite and @RISK. At the same time, 3 additional tracks featured experts from CH2M […]

“Risk Analysis and Oil Production Curves” in ‘Oil & Gas Monitor’

The use of risk analysis in the oil and gas industry can take many forms. Whether it’s safety risk, economic risk or schedule-based risk, it is critical to know what risk factors exist and the likelihood that they may occur. Doing so allows decision-makers to plan in a manner that will ensure the highest attainable […]

Looking for inspiration for your models? Palisade just added 5 new Example Models!

Palisade provides a collection of example spreadsheet models that highlight different applications of @RISK and the DecisionTools Suite. These example files demonstrate a variety of risk analysis solutions, including credit risk analysis, financial risk analysis, energy risk analysis and more! Below are a sample of five of our newly posted example models. Price Evolution in […]

Cost Risk Analysis Example Movie: Palisade’s Custom Development Team uses @RISK’s XDK for this custom application

Here is an example of a custom application written by Palisade Custom Development using @RISK's XDK in Excel. In this example, @RISK is used for cost risk analysis and estimation.  The application prompts the user for a three-point estimate for each cost item in the project as a way to recognize uncertainty in these cost […]

2013 Palisade Risk Conference Series – Three stops coming up in November: Paris, Milan and Las Vegas

We have three cities left to go in our 2013 Risk Conference Series – Paris, Milan and Las Vegas! We have spanned the globe and stopped in 11 cities in the past 7 months. Last week at our Moscow Risk Conference we were able to present our latest versions of @RISK and the DecisionTools Suite […]