Overview @RISK (pronounced “at risk”) is an add-in to Microsoft Excel that lets you analyze risk using Monte Carlo simulation. @RISK shows you virtually all possible outcomes for any situation—and tells you how likely they are to occur. Han nari dog.
This means you can judge which risks to take on and which ones to avoid—critical insight in today’s uncertain world. Works With Excel & Project Models. Avoid Pitfalls and Uncover Opportunities.
@RISK (pronounced “at risk”) is an add-in to Microsoft Excel that lets you analyze risk using Monte Carlo simulation. @RISK shows you virtually all possible outcomes for any situation—and tells you how likely they are to occur. Jul 23, 2014 - Hi, could anyone post me the serial number for @Risk 5.5 or 6.0 version (within Palisade Decision Tools Suite 5.5 or 6.0), please?
Plan Better Strategies. Identify Factors Causing Risk. Communicate Risk To Others.
Maintenance Palisade maintenance plans are designed to cover you when new software versions are released, or if you require help operating the software or resolving errors. Software updates are often released to keep current with changes in Windows, or in Excel or other host applications. Updates may also include bug fixes or minor product enhancements. Major version upgrades are released when new significant new features and/or interface changes are made to the software. Major version upgrades may also include updates to host application compatibility.
Technical support is also included with Palisade maintenance. Whether through self-support using our Knowledgebase, via e-mail, or on the phone, Palisade is here to help with installation, operational problems, or error messages. Benefits of Palisade Maintenance Plans Free technical support via hotline or email.
Technical Support hours are Monday – Friday, 4:00am – 5:00pm (New York time zone). Technical support is available for software installation, resolving software errors, assisting with software operation, and limited model de-bugging. Technical support is not designed for building spreadsheet models from scratch, extensive model de-bugging, or software training. These services may be obtained from our Training and Consulting department. Free full version upgrades. Unlimited number of incidents for 12 months. Unlimited, 24-hour access to Palisade’s online technical support KnowledgeBase—the same source used by Palisade technical support staff.
A quick check of the KnowledgeBase often solves the problem in just a few minutes. Guaranteed 24 hour or next business day technical support response time. Free software maintenance updates & patches, including bug fixes & Windows/Office compatibility updates.
Access to the Palisade online HelpDesk 24 hours per day, so you can submit new incidents and check the status of open problems. Easy to Order A full year of maintenance is included when you purchase your software.
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New and Improved Tornado Graphs. Input Shading We've added a shading option to our Change in Output Mean Tornado graphs to have the ability to quickly see whether the input associated with each bar is high or low when the output statistic increases or decreases. In the example below you can see that when inputs such as Product Lifetime and Initial Unit Price are high, there is a positive impact on the net present value (NPV) of the project; when an input such as Initial Cost is high it will have a negative impact on the NPV. A tornado overlay graph showing the results of four @RISK simulations. Contribution to Variance @RISK's new Contribution to Variance tornado graphs will help you understand how much of the variance in the output variable is attributable to each individual input. There are options for displaying both the magnitude and direction of the bars, or just the magnitude.
The former displays bars to the left and right of the centerline, depending on the correlation between the input and the output, while the latter displays all input bars to the right, so the contribution to variance can be more easily compared. Contribution to Variance tornado graphs showing magnitude and direction (left) and just magnitude (right). RISKOptimizer is 4x Faster! RISKOptimizer now utilizes multiple CPUs (or cores) to dramatically speed up optimizations. Speed tests show optimizations run four times faster than before – or more – saving you tremendous time. 22 New Functions - 16 Distribution Functions and 6 Statistical Functions Functions are at the heart of risk analysis involving Monte Carlo simulation.
In version 7.5 we have added a total of 22 new functions – 16 distribution functions and 6 new statistical functions. The new distribution functions will appeal to a variety of industries and applications, ranging from insurance risk to reliability engineering to modeling of household income. These new functions are important for accurate, insightful estimation of uncertainty. The new statistics functions provide useful statistics on simulation results data. Run Goal Seek, Evolver or Solver During Each Iteration without VBA Coding Have you ever been interested in running Goal Seek, Evolver or Solver for each iteration in your simulation but faced the hurdle of writing a VBA macro to do so? Now you can simply set this up using a dialog and @RISK does the rest for you - saving you an incredible amount of time and hassle!
Enable Multiple CPU Support and enter the number of CPUs you would like to use. What’s New in the entire DecisionTools Suite 7.5 Optimized for Windows 10 and Excel 2016 Interface Improvements Enhanced Support for Ultra HD Displays All DecisionTools Suite products have been retooled for optimal performance and presentation in the latest Windows 10 and Office 2016 environments. We’ve also leveraged the power of ultra high definition displays to ensure that all DecisionTools graphs and reports look better than ever. In addition, the user interface has been updated to make common tasks easier to perform, saving time and clicks. Improved Regression Analysis with Outliers Outliers can wreak havoc on your outcomes. It is important to be able to identify how many outliers are playing a role in your results, as well as where they lie in your graphs.
The StatTools summary table lets you know how many outliers there are and allows you to choose to identify those outliers in your data and in your graphs. By having outliers identified in the data itself, you have the opportunity to see if each outlier is a true outlier or just a data entry error. Upgraded Confidence Intervals and Hypothesis Tests Confidence intervals and hypothesis tests for mean and standard deviation can be implemented using a known population standard deviation or summary statistics as the input. What's New in Evolver Improved Status Bar Accessibility When running an optimization you can now view the status bar via any tab in the Watcher. This also holds true in RISKOptimizer.