Mitigate Risks
Learn how @RISK has helped decision makers to improve risk and decision analysis efforts.
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Monte Carlo simulation | Shows possible outcomes to avoid pitfalls and identify opportunities | ||
100% Excel calculations for simulation | Highest level of accuracy, and maximum use of multi-core processors for speed |
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Seamless Integration into Microsoft Excel | Never leave your spreadsheet; get up to speed quickly | ||
Intuitive toolbars and right-click menus | Easy navigation—multiple ways to perform common tasks |
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Distribution Palette and Insert Function command | Easy and accurate definition of uncertain factors | ||
Distribution Fitting and Distribution Artist | Use data and expert judgment to define uncertain factors | ||
Over 90 built-in distribution functions | Represent virtually any uncertain factor for accurate modeling | ||
@RISK Function Swap | Remove (and later restore) @RISK functions for sharing models with non-@RISK users | ||
Predefined Distributions | Create customized distributions with your own parameters and names | ||
Compound function | Combines two distributions into one, to streamline insurance or other large models | ||
Percentile distribution parameters | More flexible ways to define uncertainty | ||
Correlation and Copulas | Standard correlation available, along with copulas, which provide sophisticated methods for correlating uncertain @RISK variables that allow more control over the correlation pattern | ||
@RISK Data Viewer | Display any spreadsheet data using all @RISK charts and graphing options | ||
Excel Developer Kit (XDK) | Automate and customize @RISK for Excel through a library of commands and functions that let you control every aspect of @RISK in your spreadsheet |
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Demo Mode and live updating | Graphs and reports update during simulation for illustration to others | ||
Extensive settings control | Customize simulations to specific needs |
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Fully customizable, presentation-quality graphs | See the impact of risk and communicate to stakeholders | ||
Reporting in Office | All graphs and charts can be exported to Excel, Word, and PowerPoint in native chart format for easy distribution to others | ||
Customized Excel Reports | Create exactly the simulation results reports you want directly in Excel, automatically formatted for optimal viewing. Apply Excel themes to your graphs. | ||
Histograms, area, line, cumulative, summary, box plot, and overlay graphs | Variety of graphing and charting options for easy, accurate communication | ||
Tornado charts and scatter plots | Visually identify critical factors and trends, overall and for particular scenarios | ||
Sensitivity and Scenario Analysis | Identify the individual tasks that have the most impact on results, and the particular scenarios that lead to certain results | ||
Six Sigma functions | Report Six Sigma statistics for quality analysis | ||
Stress Analysis | Lets you control the range that is sampled from a distribution function, enabling you to see how different scenarios affect your bottom line without changing your model | ||
Advanced Sensitivity Analysis | Lets you see how changes in any 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 |
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Simulation of Time-series forecasts | Understand the risks in values that change over time | ||
Correlation of Time Series | It is possible to correlate two or more time-series functions so that during each iteration the array of values returned by the individual time series are subject to the specified correlation coefficient. | ||
Multi-core processor and multiple CPU support | Speed up simulations. “Split up” large simulations to run on multiple CPUs or cores and reduce simulation run time. | ||
RISKOptimizer | Solve problems with more accuracy than ever. |
Feature | Benefit | Professional Edition | Industrial Edition |
---|---|---|---|
Optimization under uncertainty | Combines Monte Carlo simulation with sophisticated optimization techniques to find optimal solutions to uncertain problems. Used for budgeting, allocation, scheduling, and more. | ||
Efficient Frontier Analysis | Especially useful in financial analysis, Efficient Frontiers determine the optimal return that can be expected from a portfolio at a given level of risk | ||
Ranges for adjustable cells and constraints | Streamlined model setup and editing | ||
Genetic algorithms | Find the best global solution while avoiding getting caught in local, “hill-climbing” solutions | ||
Six solving methods, including GAs and OptQuest | Always have the best method for different types of problems | ||
RISKOptimizer Watcher and Convergence Monitoring | Monitor progress toward best solutions in real time | ||
Overlay of Optimized vs Original Distribution | Compare original output to optimized result to visually see improvements | ||
Original, Best, Last model updating | Instantly see the effects of three solutions on your entire model |
Our best-in-class solutions portfolio and proven support methodology are delivered by a dedicated and experienced team of experts who will support you throughout the partnership.