International Monetary Fund uses Monte Carlo Simulation for Stress Testing

An IMF working paper this month contemplates the effectiveness of lending arrangements the institution makes to various countries around the world.  The paper, “Assessing IMF Lending: A Model of Sample Selection,” seeks to identify and understand common factors that make programs effective – or not.  Using Monte Carlo simulation to assess the impacts of various […]

Project Manager Today’s In-Depth Review of @RISK Professional

Project Manager Today took an in-depth look at @RISK Professional in a 4-page article in July. “All projects involve risks, but it’s vital to understand what those risks are and how they might affect your budget and schedule,” explains author Steve Cotterell. “@RISK is a well-established software tool that’s been designed to help you do that.” […]

New Dairy Research Facility incorporates the work of expert @RISK user Dr. Jeffrey Bewley

The Kentucky Farm Bureau blog featured the work of expert @RISK user Dr. Jeffrey Bewley, who is a University of Kentucky dairy specialist and associate extension professor. The story describes the new University of Kentucky dairy research facility that was built with cow comfort in mind, while being familiar enough to dairy producers so that […]

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, […]

Play Ball! Palisade Software Used in Award-Winning Sports Analytics Research

Baseball fans, take note: next time you’re looking to place a bet on a game, you may want to use @RISK. That’s what DePaul University professor Clayton Graham did to create his baseball wagering model, presented at the prestigious  ninth annual 2015 MIT Sloan Sports Analytics Conference. Dr. Graham’s research submission, “Diamonds on the Line: […]

Rave Review for BigPicture from Mind Mapping Software Blog

BigPicture has garnered an in-depth and enthusiastic review from the Mind Mapping Software Blog, a leading source for news, trends and resources related to visual mapping. Chuck Frey, widely regarded as one of the leading experts on visual mapping and visual thinking, explored the software’s numerous features and says, “You’ll be very impressed.” Frey investigates […]

Five-Star Review for BigPicture in Small Business Trends

BigPicture, Palisade’s new mind mapping and data exploration tool for Excel, has garnered a rave review from Small Business Trends, an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. The online magazine bills itself as “one of the most popular independent small business publications on the web.” BigPicture, […]

CIO Review’s “Metals & Mining” Special Edition Features @RISK Success Stories

Palisade software is a vital tool in countless industries, particularly in the mining sector. The “Metals & Mining Technology Special” edition of CIO Review features an article by Palisade’s vice president, Randy Heffernan, detailing several success stories. Heffernan describes how Met-Mex Peñoles and Anglo American used risk analysis software @RISK for applications like Six Sigma, sensitivity analysis, […]