Videos

Free online resources for learning about risk and decision analysis software tools. More videos at http://www.palisade.com/videos/

On-Demand Webinar: @RISK Correlation and Copulas: Gaining Insights into your Inputs

Correlation and Copulas

@RISK for Microsoft Excel and Project»Watch now: “@RISK Correlation and Copulas: Gaining Insights into your Inputs”

Gain additional insight into setting up and evaluating your risk analysis models in Excel, using @RISK. Learn how to incorporate correlation into your model to show how your input variables relate to one another while becoming familiar with basic concepts and terminology. Using @RISK’s correlation tables and copulas you will be able to acheive more accurate results.

Registrants also receive a link with example models and a slidedeck to accompany the presentation.

»Watch now: “Risk Register Focus: Introduction to Risk Analysis using @RISK”

» Download @RISK – try it for yourself!

On-Demand Webinar: “Introduction to Risk Analysis using @RISK”

Risk Register Focus
@RISK

Now available in 5 languages: English, Spanish, Portuguese, German, and Chinese

This webinar provides an entry-level introduction into probabilistic analysis, and shows how Monte Carlo simulation and other techniques can be applied to your everyday business analyses. Using Monte Carlo simulation, @RISK analyzes many different scenarios at once, giving you more insight into what could happen. We’ll look at example models including a basic revenues/cost/profits model, an NPV model, and a Cost Estimation model, to give you an idea of how quickly you can get started in probabilistic modeling in Excel. If you build models in Excel, Palisade solutions can help you to make more informed decisions, right from your desktop.

For more than 30 years, Palisade software and solutions have been used to make better decisions. Cost estimation, NPV analysis, operational risk registers, portfolio analysis, insurance loss modeling, reserves estimation, schedule risk analysis, budgeting, sales forecasting, and demand forecasting are just some of the ways in which the tools are applied. This webinar will demonstrate how easy – and necessary – it is to implement quantitative risk analysis in any business.

Watch the webinar in your language:

» Download @RISK – try it for yourself!

On-Demand Webinar – @RISK Tornado Graphs and Sensitivity Analysis: Gaining Insights into your Models

@RISK for Microsoft Excel and Project»Watch now: “@RISK Tornado Graphs and Sensitivity Analysis: Gaining Insights into your Models”

Explore @RISK for Excel‘s tornado graphs and spider charts to learn how they can be used as a tool to help make more informed decisions. You will learn what the five different types of tornado graphs are, some of their additional features, and how they can be used to figure out which, and how much, the individual input variables impact the output variables that you are most interested in.

Registrants also receive a link with example models and a slidedeck to accompany the presentation.

»Watch now: “@RISK Tornado Graphs and Sensitivity Analysis: Gaining Insights into your Models”

» Download @RISK – try it for yourself!

On-Demand Webinar: “Risk Register Focus: Introduction to Risk Analysis using @RISK”

Risk Register Focus
@RISK

»Watch now: “Risk Register Focus: Introduction to Risk Analysis using @RISK”

This introduction to probabilistic risk analysis will show you how simple it is to add Monte Carlo simulation and other techniques into your models. If you currently build cost estimate models or risk registers in Excel, Palisade solutions can almost certainly help you to make more informed decisions, right from your desktop.

We start with an introductory overview of probabilistic analysis. Then, we show how @RISK risk analysis software can be applied to a simple cost estimation model to quantify the uncertainty. Next, we explore how a risk register can be developed and added, to obtain a fully integrated model which calculates confidence levels and contingency.

For 30 years Palisade software and solutions have been used to make better decisions. Cost estimation, NPV analysis, operational risk registers, portfolio analysis, insurance loss modelling, reserves estimation, schedule risk analysis, budgeting, sales forecasting, and demand forecasting are just some of the ways in which the tools are applied. This webinar will demonstrate how easy – and necessary – it is to implement quantitative risk analysis into a cost estimate.

» Watch “Risk Register Focus: Introduction to Risk Analysis using @RISK” now

» Download @RISK – try it for yourself!

On-Demand Webinar: “Introduction to Risk and Decision Analysis using the DecisionTools Suite”

Project and Pipeline Valuation
DTS

»Watch now: “Introduction to Risk and Decision Analysis using the DecisionTools Suite”

This webinar is designed to provide an entry-level introduction into probabilistic analysis and will show how Monte Carlo simulation and other techniques can be applied to your everyday business analyses. If you build models in Excel then Palisade solutions can almost certainly help you to make more informed decisions, right from your desktop.

The webinar will explore some of the ways in which organisations are applying Palisade tools. From oil and gas, insurance and finance through to healthcare, defence and construction, @RISK and the other tools in the DecisionTools Suite enhance the decision making capabilities of some of the world’s most successful companies.

For more than 30 years, Palisade software and solutions have been used to make better decisions. Cost estimation, NPV analysis, operational risk registers, portfolio analysis, insurance loss modeling, reserves estimation, schedule risk analysis, budgeting, sales forecasting, and demand forecasting are just some of the ways in which the tools are applied. The webinar will demonstrate how easy – and necessary – it is to implement quantitative risk analysis in any business.

» Watch “Introduction to Risk and Decision Analysis using the DecisionTools Suite” now

» Download The DecisionTools Suite – try it for yourself!

On-Demand Webinar: “Project and Pipeline Valuation and Optimization with The DecisionTools Suite”

Project and Pipeline Valuation
DTS

»Watch now: “Project and Pipeline Valuation and Optimization with The DecisionTools Suite”

This introductory webinar explores the basics of project and product valuation within the context of a larger pipeline. Uncertainty relating to cost, escalation over time, and unexpected delays are modeled. Also, we look at the process of release schedule optimization subject to various constraints, including budget, technical feasibility, and resource availability.

For more than 30 years, Palisade software and solutions have been used to make better decisions. Cost estimation, NPV analysis, operational risk registers, portfolio analysis, insurance loss modeling, reserves estimation, schedule risk analysis, budgeting, sales forecasting, and demand forecasting are just some of the ways in which the tools are applied. Our webinars demonstrate how easy – and necessary – it is to implement quantitative risk analysis in any business

We’ll primarily use @RISK and RISKOptimizer, software tools that are part of The DecisionTools Suite.

» Watch “Project and Pipeline Valuation and Optimization with The DecisionTools Suite” now

» Download The DecisionTools Suite – try it for yourself!

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 the research is valuable for everyday operations. The facility uses technology to aid in Precision Dairy Farming, which Dr. Bewley explained to us at a previous Palisade Risk Conference (see slidedeck).

Dr. Bewley has been a longtime user of @RISK for risk models using Monte Carlo simulation. His work in Precision Dairy Farming aims to increase productivity for farms while making a comfortable environment for the cows. “We’re basically trying to improve the life of the animal and hopefully with this type of technology we can detect when cows are sick sooner so that we can intervene and have more chances at success,” Dr. Bewley explains in the story. “Our goal is to make a very, very comfortable environment for the cows.”

» View Dr. Bewley’s @RISK webinar about Precision Dairy Farming

Free Minicourse in Renewable Energy Modeling using @RISK, with example models

How do we insure a reliable energy supply when using renewable energy sources?

Renewable Energy Modeling

Solar power is inherently unreliable, fluctuating with time of day and degree of cloudiness. Wind power is a victim of air flow patterns. To prevent blackouts, renewable energy sources need to be backed up with conventional power sources. In effect, they require virtually 100% backup with fossil, nuclear, hydro sources of power. Think of the repercussions of a solar eclipse and calm winds on renewable energy output, which occurred in Europe in 2015.

In this free on-demand minicourse, Professor Roy Nersesian models the complexities of this problem – and demonstrates solutions – using @RISK for Excel.

Integrating Renewables with Electricity Storage, using @RISK

Materials include:

  • 1-hour webinar delivered by Roy Nersesian
  • Energy example models
  • 50-page whitepaper
  • Presentation slidedeck

» Go to free minicourse now

» Case study: @RISK Helps Integrate Renewable Energy Sources

Lessons from Oil and Chemical Case Studies: How to Build Accurate and Decision-Focused @RISK Models

Huybert Groenendaal, a managing partner at EpiX Analytics, discusses how to build accurate and effective @RISK models to help make strong decisions. He talks about what type distribution to choose, whether to include correlations, and how to present results in a way that supports decisions–all of which are incredibly powerful skills to have, especially paired with Palisade’s @RISK. Watch below to learn some of the basics of @RISK and how it can be used in various practical and helpful ways.

See more case studies here.

Check out live webcasts here.

Financial Portfolio Models, by Chris Albright

In this video, Chris Albright, one of Palisade’s expert trainers, walks through examining a financial portfolio with @RISK software.  He first explains the basics of an example without uncertainty, and then demonstrates examples with uncertainty involved.  Albright introduces using put options, performing a sensitivity analysis, utilizing Goal Seek and RISKOptimizer, and focusing on correlations within a spreadsheet. Watch the full video below!

Watch the “Financial Portfolio Models” example by Dr. Chris Albright