Part of the DecisionTools Suite
@RISK is available by itself or as part of the DecisionTools Suite, Palisade’s complete risk and decision analysis toolkit. The DecisionTools Suite includes PrecisionTree for decision trees, TopRank for what-if analysis, NeuralTools and StatTools for data analysis, and more. @RISK is fully compatible with all DecisionTools programs and can be combined with them for greater insight and analysis. For example:
@RISK and TopRank
The focus of an @RISK analysis can be narrowed using TopRank. Especially with large models, this saves time and improves accuracy of your @RISK analysis. @RISK functions can also be used by TopRank to represent a wider range of values than TopRank’s standard functions.
Watch how @RISK and TopRank work together
@RISK and PrecisionTree
In addition, @RISK can be combined with PrecisionTree to represent uncertain chance events and payoffs in decision tree models. This enhances the accuracy of decision tree models by considering wider ranges of values for chance events instead of a few limited, discrete options.
Watch how @RISK and PrecisionTree work together
@RISK then StatTools
@RISK results can be run through a StatTools analysis to assess confidence intervals. @RISK can also be applied to results from a StatTools time-series forecast to simulate possible outcomes with more precision.
Watch how @RISK and StatTools work together
» More about The DecisionTools Suite