Integral Consulting Uses @RISK to Help Protect the Environment

Sustainable ‘green’ practices have been a growing focus as individuals, corporations, and governments consider issues such as global warming, highly volatile markets, and urban sprawl.  For a Fortune 100 mining company, these concepts have become a key part of managing cleanups and hazardous waste sites to increase the environmental, social, and economic benefits of the …

@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 …

Patrick Engineering Uses @RISK for Cost and Schedule Risk on MBTA Project

Patrick Engineering, a nationwide U.S. engineering, design, and project management firm, provides independent cost estimating, scheduling, and risk analysis services for the Massachusetts Bay Transportation Authority (MBTA). Given the uncertainty of cost and schedule duration estimates, the best way to display them is with probability distributions. Patrick Engineering uses @RISK to assess cost and schedule …

@RISK and DecisionTools Suite 7.5 Now Available

The latest version of our popular risk analysis tools, @RISK 7.5 and DecisionTools Suite 7.5 are now available!  Version 7.5 offers 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 …

Oct/Nov Web and Live Training Sessions from Palisade Experts

For those of you looking to hone your risk analysis and modeling skills, don’t miss out on our training services, both in-person and web-based! Palisade Regional Seminars Apply @RISK and the DecisionTools Suite to real-life problems, maximizing your software investment. All courses include free materials with dozens of example models. Participants bring their own laptops. …

@RISK Improves Upon Black-Scholes Options Pricing Method

The financial world holds a great deal of risk. To help balance some of the unknowns, Dr. José Raúl Castro Esparza, professor at Benemérita Universidad Autónoma de  Puebla, in Puebla, Mexico has used @RISK to create a more exact and accurate pricing strategy for a key financial tool, the derivative. He has used this model …

Non-Profits None too Confident When it Comes to Risk Management

A few days ago, we discussed how major for-profit corporations admitted they aren’t doing all they can to manage their business risks. Turns out, non-profits aren’t confident they’re doing much better. According to a June 2014 survey of 150 U.S. nonprofit foundations and endowments conducted by SEI’s Institutional Group, 44% of them are not confident that …