Palisade’s PrecisionTree Software Helps Form New AACE International Recommended Practice

Palisade’s PrecisionTree software was featured prominently in Cost Engineering Magazine’s July/August 2014 issue.  The article “Use Decision Trees to Make Important Project Decisions,” by long-time Palisade software user Dr. David T. Hulett, describes how decision trees can help decision makers choose between multiple options and take account of cost and rewards of different options. The article “forms […]

Shipping Industry Relies on PrecisionTree, @RISK, to Manage Risks to Crew, Environment, and Property

DNV GL SE, an international organization for ship classification, safety and quality control, uses PrecisionTree and @RISK software (part of the DecisionTools Suite, Palisade’s complete toolkit of risk and decision analysis tools) to determine the risk of an incident occurring to a ship or its systems and the consequences should one occur. This enables cost-benefit […]