Learn more about What’s New in @RISK 6
Integration with Microsoft Project
With the release of @RISK 6, Microsoft Project schedules were integrated in the @RISK for Excel platform, enabling you to perform risk analysis and Monte Carlo simulation on your schedules using the more flexible @RISK for Excel interface. @RISK now imports your Project schedules into Excel so that you can use all of Excel’s formulas, and @RISK’s features, on your Project models. Excel becomes a front-end for your Microsoft Project schedule, linking directly to the underlying .MPP(X) file. Changes made in either Project or Excel are reflected in the other. When it’s time to run your Monte Carlo simulation, Microsoft Project’s scheduling engine is used for the calculations, ensuring accuracy.
» Learn more about @RISK for project management
Time Series Simulation
Version 6 of @RISK also introduced a new set of functions for simulating time series processes, or values that change over time. Any future projection of time series values has inherent uncertainty, and @RISK now lets you account for that uncertainty by looking at the whole range of possible time series projections in your model. This is particularly useful in financial modeling and portfolio simulation.