Webcasts

Free online Webcasts — Learn about risk, decision, and data analysis at http://www.palisade.com/seminars/webcasts.asp

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: “Choosing the Right Distribution”

Project and Pipeline Valuation
DTS

» Watch now: “Choosing the Right Distribution”

Which distribution should you use to represent uncertain values in your spreadsheet model? This webinar provides an introduction to probabilistic analysis and Monte Carlo simulation right in your Excel spreadsheet using @RISK, demonstrating techniques that can be used for choosing a distribution to represent uncertain variables. We will look at a variety of examples to help you become more comfortable with choosing distributions to model uncertainty.

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 select distributions to use in quantitative risk analysis for any business.

» Watch “Choosing the Right Distribution” now

» Download @RISK – 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!

OnDemand Webinar: See What’s New in @RISK and DecisionTools Suite 7.5

WhatsNew75Webinar

Get a tour of the useful new features in @RISK and DecisionTools Suite version 7.5! Watch the “What’s New in @RISK and DecisionTools Suite 7.5” webinar at your convenience.

» Watch the Free Webinar Now

This webinar covers key features that are new to 7.5:

  • 22 new functions – 16 distribution functions and 6 new statistical functions.  All of which are important for insightful estimation of uncertainty and provide useful statistics on simulation results data.  Ranging from insurance risk to reliability engineering to modeling of household income, @RISK 7.5 has your risk analysis needs covered!
  • Improved tornado graphs – Tornado Overlays, Contribution to Variance and Input Shading to improve analysis and make sharing results much easier.
  • Faster optimization with RISKOptimizer – With speeds up to 4x faster, your time can be better spent on interpreting your results instead of waiting for your optimization to complete.
  • And more!

» Watch the Free Webinar Now

» Read What’s New in 7.5

Free Webinars: What’s New @RISK and DecisionTools Suite 7.5

New @RISK 7.5 and DecisionTools Suite 7.5 offer a range of improvements for any decision maker, from general use enhancements to new, specialized analytical features. New and enhanced graphing options, faster performance, and sophisticated analytics make DecisionTools Suite 7.5 the only decision analysis toolset you’ll ever need!  Sign up for one of our free webinars and learn about our new features!

In each webinar, we’ll cover key features that are new in 7.5:

  • New and Improved Tornado Graphs in @RISK
  • Faster Optimization with RISKOptimizer
  • Over 20 New @RISK Functions
  • Graphing and Reporting Improvements in @RISK
  • And more!

Join us for a free webinar to learn about more new features in @RISK 7.5 and DecisionTools Suite 7.5!

» Wednesday, July 20th, 1pm EDT (NYC) | 10am PDT (Los Angeles) | 6pm BST (London) – Register
» Thursday, July 21st, 10am EDT (NYC) | 3pm BST (London) | 7:30pm IST (Delhi) – Register
» Wednesday, July 27th, 10am AEST (Sydney) – Register

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.

VIDEO: Introduction to the DecisionTools Suite

Do you use @RISK but haven’t explored the other Palisade Tools? It’s time you branched out to explore the DecisionTools Suite, which, in addition to @RISK for Monte Carlo simulation,  includes PrecisionTree for decision trees, and TopRank for “what if” sensitivity analysis. In addition, the DecisionTools Suite comes with StatTools for statistical analysis and forecasting, NeuralTools for predictive neural networks, and Evolver and RISKOptimizer for optimization. All programs work together better than ever before, and all integrate completely with Microsoft Excel for ease of use and maximum flexibility.

To learn more, check out this introduction video to the Suite,  given by Palisade expert trainer Rishi Prabhakar:

The video will give viewers a good understanding of of each of these separate products and how they work together.

 

 

 

VIDEO: Cost Estimation and Risk Registers using @RISK

Palisade expert trainer Rafael Hartke discusses how to use @RISK  for cost estimation–more specifically,  how to transform your deterministic models into probabilistic ones.  This recorded webcast shows you how to add uncertainty as well as a risk register to your model.

 

 

About the trainer: Rafael Hartke is an Oil and Energy Industry Consultant at Palisade Corporation, where he works in the development and strategy of quantitative risk analysis methods. He has particular experience in the energy industry, having served as a Financial Engineer in Risk Management at Brazilian-based energy corporation, Petrobras in the Financial Planning and Risk Management department.  There, he created risk models for complex investments and assessed project risks for medium and large projects, including Brazilian Pre-Salt giant fields, projects in the Gulf of Mexico, and offshore infrastructure projects.

Rafael has an MSc degree in Mechanical Engineering and is also a Global Association of Risk Professionals-certified Energy Risk Professional.