Official blog of Palisade. Tips on making better decisions with analytics, news about the risk and decision analysis field, and updates from Palisade.
Revolutionizing Financial Forecasting and Risk Analysis with Automated Risk Software
February 12, 2024
In the dynamic field of financial services where things can change in an instant, it’s critical that financial analysts stay on top of market trends and economic developments 24/7, 365 days a year. But many organizations are still performing financial forecasting and risk analysis manually in Excel. By employing automated risk analysis ...
Next Steps for Data-Driven Decision Analysis by Industry
February 8, 2024
Learn how using the Monte Carlo method in @RISK can improve your decision analysis and solve industry challenges in consumer goods, manufacturing, finance, insurance, and energy.
Making confident decisions in today’s complex, every-changing environment can pose a significant challenge, regardless of your industry. New unknown variables ...
@RISK New Version: Enhanced Communication and Modeling for Gantt Charts, Time Series, and ScheduleRiskAnalysis
September 13, 2023
@RISK continues to improve to meet your needs in this uncertain world – now featuring an export option for Gantt Charts, upgraded Time Series modeling, and improved markers display for clear data interpretation.
@RISK New Version: Powerful Risk Analysis Now for Project Schedules
May 1, 2023
A new version of @RISK is available with advanced features for ScheduleRiskAnalysis– allowing you to apply powerful risk analysis to your project schedules.
Improving Financial Crisis Mitigation Strategies with Risk Analysis
April 5, 2023
The recent Silicon Valley Bank and Signature Bank crisis sparked significant concern and sowed distrust in the financial system among both the banks’ customers and the general public…
Using Monte Carlo Simulation to Hedge Against Volatile Oil Prices
January 2, 2023
The escalation of Russian’s invasion of Ukraine and the ongoing response to the COVID-19 pandemic contributed to crude oil price volatility and a surge to over $130 a barrel in the spring of 2022. These high price levels, which have not been seen since 2008, occurred just two years after hitting an all-time low early in the pandemic and going ...
Announcing ScheduleRiskAnalysis for the DecisionTools Suite!
November 11, 2022
Manage uncertainty in project schedules like never before with Monte Carlo simulation. Perform risk analysis on Primavera P6 or Microsoft Project models in the @RISK for Excel environment. Answer questions like “Will this project finish on time?” or “Will we be within budget?”.
The 2022 FIFA World Cup is right around the corner and the tournament predictions are pouring in. While checking team rankings and relying on gut instinct might be the classic approach to choosing your champion, risk analysis software is changing the game by helping to quantitatively predict match outcomes.
“The outcomes of many decisions ...
A Purchasing Strategy Example
Palisade’s PrecisionTree software allows you to analyze the probabilities of different outcomes, and their impacts, in sequential, multi-stage decisions. The decision trees in PrecisionTree show the probabilities of these outcomes assuming that the optimal decisions are made at each of the decision nodes ...
