The tools inside the suite help organizations answer critical business questions across a wide variety of industries.
A construction firm bid on a $50 million bridge project. Using @RISK 5.7.23, they assigned PERT distributions to each task duration (foundation, steel erection, paving). The simulation showed a 65% probability of exceeding the deadline by 90 days, with a critical path sensitivity analysis pointing to concrete curing times as the primary driver. They re-sequenced the work and shaved 45 days of risk off the schedule.
To support decentralized operations across global industries, version 5.7 was released simultaneously with localized user interfaces in English, Spanish, Portuguese, French, German, Japanese, and Chinese. This enabled multinational project teams to collaborate seamlessly using uniform underlying math models. palisade decision tools suite 5.7 23
: A robust, data-focused statistical analysis add-in. It expands Excel’s basic charting to provide advanced forecasting, regression, and hypothesis testing.
Creates decision trees and influence diagrams directly in Excel. The tools inside the suite help organizations answer
Stop relying on best/worst-case scenarios. @RISK tells you the probability of a $1M loss vs. a $500k profit.
: Used to create visual decision trees for thinking through strategic options and potential outcomes. The simulation showed a 65% probability of exceeding
The suite is an integrated set of several distinct analytical programs:
A robust tool for advanced statistical analysis that replaces standard Excel statistics functions.