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@RISK Standard [v7.x Commercial - Perpetual Licence With Maintenance (1-Year) (1) User - Electronic Windows] boxshot

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@RISK Standard [v7.x Commercial - Perpetual Licence With Maintenance (1-Year) (1) User - Electronic Windows]

Published By: Palisade


£999.00 (Ex. VAT)

Our Part #: 1113868 | Availability:  delivered via Email | Media: Electronic

Description
Editions

@RISK integrates into Microsoft Excel and performs risk analysis using Monte Carlo simulation to allow you to take all possible outcomes into account. This means you can judge which risks to take and which ones to avoid, allowing for the best decision making under uncertainty. Plus @RISK comes with Six Sigma statistics, functions and reports that can be used to identify, measure, and root out the causes of variability in your production and service processes and designs. There are three editions of @RISK - Standard, Professional, and Industrial - to allow you to select the feature set which best meets your needs.

Also available is @RISK for Project. It integrates with Microsoft Project and helps project managers to realise the effects of uncertainty, communicate realistic project forecasts and allocate resources effectively.

@RISK for Excel

@RISK Standard

@RISK Standard includes the following functionality:

  • Advanced simulation engine - highest level of accuracy and speed
  • Over 40 built-in distribution functions - represent virtually any uncertain factor for accurate modelling
  • Integrated distribution gallery - choose your distribution from a graphical gallery
  • Insert function command - easy and accurate definition of uncertain factors
  • Compound and Six Sigma functions - report Compound and Six Sigma statistics for quality analysis
  • Variety of result graphs and charts - see the impact of risk and communicate to stakeholders
  • Live updating during simulation - graphs and reports update during simulation for illustration to others
  • Sensitivity and scenario analysis - identify the individual tasks that have the most impact on results, and the particular scenarios that lead to certain results
  • Correlation of inputs - represent dependency between related variables for accurate modelling
  • Freehand distribution artist - use data and expert judgment to define uncertain factors.

@RISK Pro

Includes the functionality of @RISK Standard, plus:

  • Integrated distribution fitting - defines distribution functions for you based on historical or industry data
  • @RISK Library - SQL database for storing and sharing with others @RISK distribution functions, model components and simulation results
  • Excel Developer Kit (XDK) - automate and customise @RISK commands and functions so you can control every aspect of @RISK in your spreadsheet
  • Stress analysis - control the range that is sampled from a distribution function
  • Advanced sensitivity analysis - see how changes in input (distributions or regular values) affect simulation results
  • @RISK goal seek - uses multiple simulations to find an input value that achieves a target simulation result you specify.

@RISK Industrial

Includes the functionality of @RISK Pro, plus includes:

  • Advanced @RISKAccelerator which speeds up simulations with parallel processing
  • @RISK Industrial also includes RISKOptimizer which enables you to combine Monte Carlo simulations with genetic algorithm optimisation technology to allow the optimisation of Excel spreadsheet models that contain uncertain values.

@RISK for Project

@RISK Standard for Project

@RISK Standard for Project includes the following functionality:

  • 37 built-in distribution functions - represent virtually any uncertain factor for accurate modelling
  • Integrated distribution viewer - easy and accurate definition of uncertain factors
  • Risk categories - apply the same uncertainty to similar tasks within a category; save time by not setting up tasks one by one
  • 'Vary' function - vary a value around the mean for more modelling flexibility
  • Correlation of inputs - represent dependency between related variables for accurate modelling
  • Sensitivity and scenario analysis - identify the individual tasks that have the most impact on results, and the particular scenarios that lead to certain results
  • Variety of result graphs and charts - see the impact of risk and communicate to stakeholders effectively
  • Risk results in Gantt charts - see the true critical path so you can manage resources effectively
  • VBA macro support - support for Excel's macro functionality.

@RISK Professional for Project

Includes the functionality of @RISK Standard for Project, plus:

  • Integrated data fitting - historical data can be used with the data fitting tool to identify and select the right distribution function and parameters
  • Probabilistic branching - lets a project branch from one task to any number of other tasks during simulation
  • IF/THEN conditional branching - if a pre-defined condition occurs during simulation, then change a project value or branch to another task
  • Probabilistic calendars - by setting up Probabilistic Calendars with @RISK for Project, you can apply working and non-working probabilities to any calendar event in Project
  • Global variables - hold values to be referenced by any @RISK for Project calculation for modelling convenience
  • Parameter entry tables - quickly add or change @RISK function parameters without opening each function individually.

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