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 […]

Putting Pieces Together More Perfectly: @RISK Helps Improve Manufacturing Efficiency for Preformed Line Products

Preformed Line Products (PLP) is a worldwide designer, manufacturer and supplier in the overhead power lines industry for the Australian and Southeast Asia markets. A clear challenge the company often faces is the utilization of products manufactured by specialist manufacturers in both markets that use their own methods, standards and specifications. The end result is […]

VIDEO: Using VBA for Excel and the XDK to Improve the @RISK Experience

This recorded webcast, led by Palisade expert trainer Rishi Prabhakar, explores the use of VBA (the programming language for Excel) to control @RISK functionality to simplify the process of risk analysis for resource-strapped businesses. Rishi  explains the advantages (and limitations) of macro control for modeling and running simulations.  Check out the full webcast below!   […]

VIDEO: Handy Tips using @RISK

In this webcast, Palisade trainer Rishi Prabhakar explores tips for using @RISK  that will benefit the beginner and experienced user alike. There are many features of @RISK that can make your modeling life much simpler, if you only knew they were there! Rishi covers topics such as overlaying distribution graphs for comparison, changing default setting […]

@RISK Helps Manufacturing Company Manage Risks

Hungarian Risk Management Company SzigmaSzervíz Ltd uses The Szigma IntegRisk® method, which incorporates Microsoft Project® 2013 and @RISK to help their client, a manufacturing company,ensure the highest level of income / profit by assessing and tackling different risks that occur during maintenance work. The Szigma IntegRisk® method is an integrated risk assessment, treatment and monitoring […]

Floods in the Forecast? Australia Plans for Climate Change

Climate change will have drastic affects felt around the globe, and has already made its mark in many areas–in Australia, the estimated gross domestic product was reduced by 0.5 per cent due to the Queensland floods of 2010–11, and the Victorian bushfires of 2009 (commonly referred to as ‘Black Saturday’) cost more than $4 billion […]

Want a More Perfect Portfolio? Time to Look at Life Insurance

Chances are, your financial portfolio does not include life insurance products.  Robert Danielsen, CEO of Cynametrix, a financial analytics consulting firm based in Minnesota, thinks this should change. He explains that life insurance, or Insured Death Benefit (IDB) is a useful class for optimizing portfolios because its rate of return is driven primarily by when […]

Making Medicine Count: The DecisionTools Suite Bolsters Efficacy of Humanitarian Programs

Getting life-saving drugs to under-served people in developing countries is a driving goal for many non-profit organizations. However, well-intentioned efforts like these can fall short of their desired impact due to poor understanding of market uncertainty and risks associated with pharmaceutical manufacturing. Linskbridge, SPC, a consulting firm that advises international development organizations in determining what […]

Want To Launch A New Drug? @RISK Can Help

For biotechnology or pharmaceutical firms, development presents a significantly risky prospect. Development times are usually prolonged by step-wise clinical trials, and there is only  a 20% chance that a new drug beginning clinical trials will ever reach the market. Nevertheless, the potential return can reach billions of dollars. For startup companies, it is crucial that […]

Palisade Client Discusses Project Success in Economia

Previously,  Visual Reporting,  the Denmark-based business analytical reporting consultancy, used @RISK to help the Danish Government comply with Danish legislation requiring all Government related IT business cases that exceed €1.33m to be risk-assessed. Laurits Søgaard Nielsen, CEO at Visual Reporting, believes Monte Carlo Simulation (MCS) used within @RISK was  integral to the solution that Visual […]