New Edition of Book “Risk and Decision Analysis in Projects”

John R. Schuyler delivers a wholly rewritten and expanded successor to the best-selling prior editions of his book. Decision analysis provides assistance in making logical, consistent decisions under uncertainty. This book instructs readers in applying decision analysis to a wide range of project decisions. An essential concepts and how-to guide intended for serious Project Management […]

@RISK Models Cancer Risks of Carcinogen Intake from Food and Beverages for Canadians

While news headlines regularly report on acute health issues relating to food and beverages, such as E. coli outbreaks and salmonella poisoning, very little is known about the adverse health issues caused by the longer-term intake of contaminants in those foods and beverages – including carcinogens. The University of Victoria (UVic), a national and international […]

@RISK Manages Operational Risks in the Green Supply Chain

As the public becomes more aware of environmental issues and global warming, consumers are asking more questions about the products they purchase. This has resulted in a growing number of companies considering the move to green supply chain management (GSCM) and integrating environmental thinking into their supply chain management. “Many companies are concerned that changing […]

University of Pretoria Creates an @RISK Model for Stopping the Spread of Avian Flu

The avian influenza virus – or avian flu – is a fast-spreading infection that affects poultry and potentially people worldwide. While the risk to humans is not completely understood, stopping human exposure to the virus is critical. According to Dr. Folorunso Oludayo Fasina, a senior lecturer at the University of Pretoria’s Department of Production Animal […]

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 […]

Is it Best to Hedge Your Lettuce? @RISK and StatTools Help Answer the Question

Agriculture is traditionally one of the highest risk economic activities. In California, many produce farm operations use a rule-of-thumb to manage their seasonal finances–often aiming to contract 80% of their crop in advance to buyers at set prices, and leaving the remaining 20% to be sold at spot prices in the open market. The rationale […]

@RISK Helps Keep Pupfish from the Brink of Extinction

The Devils Hole pupfish (Cyprinodon diabolis) is one of the world’s most endangered animals. There is only one wild population living in a single aquifer-fed thermal pool in Nye County, Nevada, and has been perched on the brink of extinction at 35–68 fish in 2013. A major strategy for conserving the pupfish has been to […]

How Safe is That Shrimp? @RISK Tackles Health Hazards After Deepwater Horizon Spill

Southeast Louisiana is home to a large population of Vietnamese Americans who rely heavily on the shrimp caught in the Gulf for their livelihood and as a food source. When the Deepwater Horizon oil spill happened in in April 2010, Vietnamese shrimpers were particularly concerned. While the U.S. Food and Drug Administration (FDA) conducted risk […]

@RISK Crucial in Live Donor Kidney Transplant Study

A new study out of the University of Texas Southwestern Medical Center reveals important new information for those donating, and receiving, kidneys. Living donor kidney transplantation is the preferred treatment for advanced renal failure. Roughly 20-25% of living donors can have asymmetry between their kidneys’ size and efficiency in filtration abilities. With a 10% or […]

Professor Hooked on @RISK Brings its Benefits to Cal State Monterey Bay

Dr. Sumadhur Shakya, Assistant Professor of Operations Management & Agribusiness at California State University, Monterey Bay (CSUMB), has used @RISK in his own academic research and as a teaching tool in his classes, Operations Management and Supply Chain Management. Indeed, thanks to his championing of the software, 360 students at CSUMB will use @RISK, annually, […]