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 …

MRAG AP Quantifies Illegal Fishing in the Pacific Islands with Palisade’s @RISK

MRAG Asia Pacific (MRAG AP) is an independent fisheries and aquatic resource consulting company based in Brisbane, Australia. An international leader in the field of aquatic resource consulting, the company is dedicated to promoting sustainable use of natural resources through sound integrated management policies and practices. MRAG AP used Palisade’s @RISK software to estimate the …

The Department of Energy and Climate Change uses @RISK for UK carbon emission targets

The UK government’s Department of Energy and Climate Change (DECC), is tasked with maintaining secure and economic energy supplies for the UK, while ensuring that the UK’s greenhouse gas emissions meet international targets set to combat climate change. Under the Climate Change Act, the UK has a legal obligation to meet several national emission targets, …

Rusnano uses The DecisionTools Suite for Nanotechnology Investment Decisions

RUSNANO is a private equity firm focused on the development of the nanotechnology industry in Russia. Using government funds, it invests in nano projects that have significant economic or social potential, across a variety of industries. Having provided capital for a company, RUSNANO works with it for five to seven years to develop the business …

RD&I Consulting uses @RISK to Model Financial Uncertainty of Fehmarn Belt Fixed Link

The Fehmarn Belt Fixed Link is a planned immersed tunnel that will cross the Fehmarn Strait to connect Denmark and Germany. This large infrastructure project is mainly user funded, with an official projected payback period of less than 40 years.  However, based on the latest research from RD&I Consulting based in Denmark, it is highly …

Netconomy Plans for Business Growth with Palisade’s @RISK

As the world continues to become ever more digital, companies from all industries need to have a strong digital commerce strategy. However, launching a digital commerce platform can be a complex undertaking, especially for established companies which have built their businesses on more traditional, paper-based processes that are better suited for ‘brick and mortar’ transactions. …

@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 …

Is it Best to Hedge Your Lettuce? @RISK and StatTools Help Answer the Question

Agriculture is traditionally one of the highest risk economic activities. In California, many produce farm operations use a rule-of-thumb to manage their seasonal finances–often aiming to contract 80% of their crop in advance to buyers at set prices, and leaving the remaining 20% to be sold at spot prices in the open market. The rationale …

@RISK Weighs Water’s True Cost

Many of us assume that water is cheap—it flows freely from the tap whenever we need it. However, the true cost of water is far from free. For many companies pursuing corporate water stewardship strategies, a common barrier to action is this perceived low cost of water. As water costs are often as low as …

@RISK Helps Keep Pupfish from the Brink of Extinction

The Devils Hole pupfish (Cyprinodon diabolis) is one of the world’s most endangered animals. There is only one wild population living in a single aquifer-fed thermal pool in Nye County, Nevada, and has been perched on the brink of extinction at 35–68 fish in 2013. A major strategy for conserving the pupfish has been to …