How Corio structured risk to support a net-zero energy system
Discover how Corio created a structured and strategic risk management process with Predict! to create a clean energy transition through offshore wind.
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See how you can save time, make money, and solve problems using Lumivero software from more than 200 success stories featuring experts across industries.
Discover how Corio created a structured and strategic risk management process with Predict! to create a clean energy transition through offshore wind.
Discover how Femern A/S used Predict! to embed risk management across Europe’s largest infrastructure project—driving compliance, efficiency, and strategic alignment from day one of the...
Discover how UTA’s social work program cut placement time by 70%, streamlined workflows, and scaled effortlessly with Experiential Learning Cloud.
The Chicago School of Professional Psychology provides an exceptional education to aspiring behavioral health professionals, and focuses on integrating theory with hands-on experience and has...
Central Michigan University’s Counselor Education program needed a new software partner that was more user friendly and eased the administrative burden on its program administrators....
Discover how Seton Hall streamlined its field experience with Lumivero’s Experiential Learning Cloud.
Heidelberg University students benefit from MAC’s new online management system The faculty members in the Master of Arts in Counseling (MAC) program have been busy...
The Challenge When McDaniel came to Winthrop University, students would physically drop off timesheets or fax the office and she had to manually log each...
Georgetown College, a private liberal arts institution founded in 1829 in Georgetown, Kentucky, is known for its strong commitment to academic excellence, character formation, and...
Instilling Confidence in International Stakeholder cooperation for the UK Chinook Program Carrying up to 32 troops or 10 tonnes of freight, the Chinook helicopter is...
Babcock Infrastructure Network Engineering drives project delivery margins up 2% by using Predict! Risk Management Software Babcock’s Infrastructure Network Engineering business unit undertakes time-critical infrastructure...
Getting the HUMS project off the ground Health and Usage Monitoring Systems (HUMS) is a technology that uses vibration-based drive-train monitoring to accurately determine a...
Hatch project delivery group implements Predict! to manage risk on $35bn major projects portfolio globally Hatch, a global engineering, project and construction management company, implements...
BAE Systems Plc spends more than £10 billion a year with 25,000 suppliers around the world. In this article Keith Roach, Head of Enterprise Risk...
Lendlease Corporation Limited is an Australian-based multinational company specializing in project management and construction, property investment management, and property development. The company has approximately 8,500...
Using Risk to Transform Industry Leadership ASC, Australia’s sovereign submarine and shipbuilding company, has transformed how it manages its business by developing a proactive risk and opportunity strategy. As...
Working with Tornado IPT The Tornado Integrated Project Team (Tornado IPT) is part of the UK Ministry of Defense’s (MoD’s) Defense Equipment and Support (DE&S)...
OHLA is a a global infrastructure group. Headquartered in Madrid, it operates across 30 countries with a focus on three geographical areas: USA, Europe and...
LLW Repository Ltd (LLWR) is a waste management company that provides services to customers to treat and dispose of low-level radioactive waste (LLW). It manages the...
Have you ever thought about the sheer number of decisions involved in creating the final design of a product before it ends up on the...
Application of @RISK’s Monte Carlo Distribution in Excel for Renewable Energy Risk Modeling When building a manufacturing facility, a reliable and resilient power source is...
This is a case study based on a current Experiential Learning Cloud (Formerly Tevera) customer. Due to this university’s policies regarding promoting vendors, we have...
We often discuss different qualitative data analysis methodologies on Between the Data such as different approaches to sifting and understanding the data that research generates....
Researchers used @RISK and PrecisionTree to model the likelihood of a successful evacuation during a volcano eruption. University of Bristol’s Environmental Risk Research Centre (BRISK)...
Offered by the Charles H. Dyson School of Applied Economics and Management at Cornell University, Dr. Calum Turvey’s Risk Simulation and Optimization course introduces students...
Professor Katsuaki Sugiura of the University of Tokyo uses Monte Carlo simulation in @RISK to improve the bovine spongiform encephalopathy (BSE) surveillance program in Japan,...
Engineering students at Shanghai Jiao Tong University learn risk and decision analysis using @RISK and the DecisionTools Suite from Dr. Li Mian, an authority in...
Researchers at Swinburne University of Technology use @RISK to apply probabilistic design to new ventures.
The Stern Review on the Economics of Climate Change, a project of Cambridge University’s Judge Institute of Management, developed an analysis model using @RISK to...
To address complicated debt portfolio and capital investment problems, Dr. Emmanuel Donkor uses Lumivero software @RISK and RISKOptimizer. His research has led to new and...
Researchers at the University of California San Diego School of Medicine used @RISK and PrecisionTree to create a more effective and nuanced screening program for...
Phil Rogers teaches students how to analyze and make effective decisions using the DecisionTools Suite at the University of Houston's C.T. Bauer College of Business.
Since the Recession of 2008, US agricultural lenders and government regulators have recognized that many farm operators need to manage the risks to their margins,...
Students in corporate finance classes at Illinois State University’s College of Business rely on Lumivero's @RISK, in Dr. Domingo Castelo Joaquin's MBA and undergraduate courses.
Lumivero's risk analysis software was used by Roy Nersesian to create a planning methodology to assist utilities that are making major investments in renewable power...
Researchers at Cornell University and Purdue University completed a study that assesses the impacts of US farm programs on farm returns. They used @RISK to...
More than a trillion dollars are risked worldwide on sports gambling every year. DePaul University professor Clayton Graham's prize-winning paper “Diamonds on the Line: Profits...
Have you ever felt overwhelmed by the sheer volume of research needed for a comprehensive literature review? Do you struggle with knowing where to start...
Application of PrecisionTree (Decision trees in Excel) Pharmaceutical companies can use PrecisionTree (part of the DecisionTools Suite that creates multi-phase decision trees) to investigate the...
Pellegrino & Associates, LLC is a boutique valuation company with a specialty in software and intellectual property (IP) valuations that include patents, copyrights, trademarks and...
In conjunction with the South African mining industry, the School has developed comprehensive programmes of undergraduate and post graduate courses designed to equip students with...
Living donor kidney transplantation is the treatment of choice for patients suffering from advanced renal failure. Frequently (in about 20-25% of the population), donors do...
Australian wool is a big deal—or more precisely, it’s a big deal made up of lots of little deals. With an annual value of AUD...
The Louisiana Department of Health (LDH) provides medical, preventative, and rehabilitative services for all the state’s 4.6 million citizens. Due to the significant impact of...
In the manufacturing industry supply planning is done based on forecasts of demand and prices of raw materials, but predicting these factors is extremely difficult....
Application Modeling the frequency and magnitude of future debris flows to determine the optimum hazard mitigation strategy. Communicating risk to clients by displaying the probability...
Application Modeling rock fall masses, trajectories, velocities, and energies to design rock fall protection structures. Communicating risk to clients by calculating impact energy probability so...
USAID uses NVivo to improve learning agenda Background The United States Agency of International Development (USAID) is a U.S. government agency that betters the lives...
Dr Agustinus Bandur uses NVivo to improve the quality of education in Indonesia. One of the driving influences behind improving the quality of education across...
NVivo Plus enables quick identification of themes and sentiment in University wide student feedback. An impossible task? The National Student Survey (NSS) is an annual...
NVivo has a long history of assisting qualitative researchers with managing, and analyzing their data, and being a part of complex research. What you might...
Dr. Anupama Shekar shares her story of following her passion for ensuring equitable access to quality education, no matter a child’s economic circumstance, and how...
The province of Alberta in Canada is home to 3.7 million people, spread across some 661,000 square kilometers. In 2009, Alberta's nine independent health authorities...
New and emerging digital music technologies, applications and processes are challenging standard music industry practices, founded on traditional physical formats, unit sales and middle of...
Bruce is comparing how experts and novices understand data for his PhD thesis. Who used NVivo? Bruce Tsuji, PhD student, Carleton University’s Department of...
NVivo is helping the team at the Strategy Unit at NHS Midlands and Lancashire Commissioning Unit interrogate their data on a deeper level and make...
Ole Steen Kristensen’s research aimed to identify the difficulties of young people transitioning from foster care to independent adulthood from their perspective. In his study...
In the United States it has become popular for presidential candidates to appear on entertainment talk shows. A study was undertaken to explore how viewers...
AgustaWestland uses @RISK to develop financial business cases and feasibility studies to produce in-depth analysis so that the senior management team can make informed decisions...
Dr. Michael Sanderson of Kansas State University’s College of Veterinary Medicine developed a risk management tool for veterinarians and beef cow-calf producers to assist in...
The Fort McMurray Airport Authority (FMAA) turned to Revay and Associates Ltd. to assess the potential risks they face as an organization as they try...
Patrick Engineering provides independent cost estimating, scheduling, and risk analysis services for the Massachusetts Bay Transportation Authority (MBTA) as the basis for budgeting and reserving...
Analyses of equipment failures in industrial settings have traditionally been done to support investigation into recognized problems. The Maintenance and Reliability Services Group at Zachry...
After the EU introduced regulatory requirements for better visibility into capital market investments, CONTI began using @RISK to construct financial models that capture and assess...
To tackle new challenges for accurate decision-making around load forecasting, an electric power holding company based in the Eastern United States used the DecisionTools Suite...
Students at Virginia Commonwealth use @RISK to learn how to apply Value at Risk (VaR) analysis to understanding the measures of risks, and also to...
ENGCOMP used @RISK for cost and schedule risk analysis for the Canadian Department of National Defence's Fleet Maintenance Facility Cape Breton located at the Canadian...
Decision makers for all long-term investment pools face a critical challenge: Multi-year allocation among the various available asset categories. By incorporating longer time horizons and...
When global direct sales giant Amway prepared to get even bigger, their Industrial Engineering team called on Palisade to create a strategic tool based on @RISK to improve...
Dr. Kim Bang Salling's graduate students at Technical University of Denmark use @RISK to incorporate uncertain elements into decision-support models for transportation projects.
Deloitte Actuarial and Insurance Solutions (AIS) is a specialist insurance and actuarial consulting team, based in South Africa, which operates in more than 40 countries...
Netconomy Software and Consulting specializes in omni-channel and e-commerce software integrations, creating digital marketplaces for a diverse range of companies in the retail, wholesale, consumer,...
NIPSCO uses @RISK, Evolver, and RISKOptimizer to optimize its use of generating assets in order to meet increasingly strict clean air standards.
HealthCare Appraisers Inc. (HAI), a national, employee-owned healthcare valuation services firm in the U.S., was engaged by a national ambulatory surgery center management company to perform...
Willy Aspinall uses @RISK in combination with PrecisionTree to simulate risks to individual villages on Montserrat under various volcanic scenarios.
Now part of the Jacobs Group, Aquenta’s Risk Management Service’s team works with high profile clients across Asia-Pacific in the development and delivery of major infrastructure...
Ariadna Berger, professor of Farm Management at the University of Buenos Aires, uses @RISK to analyze risks and opportunities of large cash cropping operations in...
Financial analytics consulting firm Cynametrix uses the DecisionTools Suite to integrate life insurance products into general financial analysis for clients.
For project sanction and to satisfy its many stakeholders, an oil and gas industry risk analysis expert needed to quantify the cost uncertainties and inflation...
Fernando Montemayor, Global Analysis Vice President of the consulting firm Throughput Professionals, and his team worked with the largest oil refinery company in Colombia (producing 250,000...
National Grid UK, the electricity transmission system owner for England and Wales and the system operator for all of Great Britain, uses @RISK’s probabilistic modeling...
PragmaRisk uses the DecisionTools Suite to assess the risks related to budgets and schedules overrunning for engineering and construction projects. Using @RISK and StatTools (both part of the DecisionTools Suite),...
To train effective leaders at the University of Pennsylvania, Keith Hornbacher uses @RISK software to take graduate students through actual case studies of how organizations...
The cost of pitting and corrosion of metals at sea is estimated to be around $1.372 billion, and is a major problem, especially with off-shore...
In-depth analysis using @RISK enables Pantektor, a construction consultancy based in Sweden, to define the best and most cost-effective fire protection strategy for every structure...
At Cincinnati-based Cinergy (now Duke Energy Corporation), Soubhagya Parija uses @RISK to model decisions involving all of the utility's potential transactions with other companies, especially...
Benjamin Waisbren, President and a shareholder of LSC Film Corporation, uses @RISK to analyze uncertainty behind financing major Hollywood films. The software helped finalize the funding and...
The Centre for Traffic and Transport (CTT) in Denmark undertakes research into optimizing traffic and transport systems. The CTT uses @RISK to develop evaluation models...
PCM Consulting, a project, contract, and engineering management consulting company based out of South Africa, used @RISK to determine the financial viability of biogas plants...
Captum Capital Limited, a life sciences and health care industry consulting company, specializes in the valuation of early stage companies. This process, especially in the...
A number of long-distance, high-speed rail projects in France were analyzed using @RISK to fully weigh the challenges each project faced. “@RISK allowed us to...
A major electronics retailer's financial services department needed to increase the profitability of its private label credit card. Nighthawk Intelligence used the DecisionTools Suite to...
With 75 gyms across Australia, Fitness First identified business electricity cost as a fiscal risk. Knowledge Global constructed an @RISK model for energy cost management.
The New York City Department of Health and Mental Hygiene led a public health project to develop new strategies to mitigate a severe influenza pandemic...
Dr. Gregor Reid, a senior research scientist with the University of New Brunswick, has used @RISK models as a means to better help aquaculturists improve...
'@RISK is used at AMSAA to help senior level officials avoid risks of schedule and cost overruns in equipping and sustaining weapons and materiel for...
John Muir Land Trust, a nonprofit organization in Martinez, CA, conducts fundraising mailing campaigns twice a year. The group uses @RISK to help them better...
Value Management Strategies, Inc. (VMS) offers risk and management consultancy to a wide number of industries and uses @RISK to accurately identify risk factors that...
On April 2010, a large explosion on the Deepwater Horizon (DWH) drilling rig resulted in continuous petroleum and chemical contaminants to flow unchecked into the...
A domestic airline catering to the tourism industry in Costa Rica needed a model for predicting demand and price elasticity. This predicting model uses neural...
Dr. Arturo Pereira of the Hospital Clinic in Barcelona researched the question: how will improved donor screening for hepatitis B affect health outcomes and medical...
The Australian Department of Climate Change commissioned AECOM to evaluate the risk and costs of climate-change-related flooding of the Narrabeen Lagoon. Using @RISK, AECOM was...
David Solis, the founder and managing member of Solis Financial Forensics LLC, first came across @RISK as a graduate student at Seattle University. Today he uses the software...
Scientists with the National Oceanic and Atmospheric Administration’s (NOAA’s) National Marine Fisheries Service used @RISK to model the effects of dams on the population viability of Atlantic salmon...
An important tool to conserve species that are listed under the Endangered Species Act is the construction of models to project animal and plant populations...
The DecisionTools Suite enables Sark7 to develop profitable business cases for sustainable energy projects, thereby acting as a due-diligence tool for prospective sustainability entrepreneurs, investors,...
Post Danmark wanted more accurate calculations to ensure that premiums being offered by insurance companies were a true reflection of the organisation's risk undertaking. They...
Sinopec Engineering Group in Beijing uses @RISK to conduct risk quantification analysis and evaluation for major projects valued at over US$100 million, to help make...
Ecological modeler Dr. John Toll was engaged by Kennecott Utah Copper to study environmental impacts of selenium. The study, which included models in @RISK, lead...
A professor in corporate finance at Lund University in Sweden uses @RISK in his Corporate Risk Management course for master’slevel students. Students are asked to...
Brian Freeman, Bahram Gharabaghi, and Jesse Thé use @RISK to create a novel stochastic Monte Carlo method to estimate the number and type of vehicles on a...
Dr. Wallace Tyner and his colleagues at Purdue University in Indiana used @RISK to conduct a cost-benefit analysis of building an aviation biofuel plant, and...
Agricultural scientist Dr. Şeyda Özkan used @RISK to examine how a carbon tax would financially impact dairy farmers in Australia that employ two different feeding systems: a...
Her Majesty’s Prison Service used @RISK to examine cost and schedule risks in the service's capital works program and to createa a risk register of...
A large horse racing and competition complex wanted to develop “green” policies that made economic sense. Rudd Asset Management used the DecisionTools Suite to determine...
A severe influenza pandemic could overwhelm hospitals, but planning guidance that accounts for the dynamic interrelationships between planning elements is lacking. To answer this need,...
Seth Berlin, Principal Strategist at Performance Thinking & Technologies, a company that helps asset managers with investment operations, used @RISK and RISKOptimizer to create a...
Rusnano, a private equity firm focused on the development of nanotechnology in Russia, uses the DecisionTools Suite to model projections of different KPIs on two...
The Stronger Christchurch Infrastructure Rebuild Team (SCIRT) was set up to repair horizontal infrastructure in Christchurch, New Zealand, after the region experienced devastating earthquakes in 2010 and...
The City of Edmonton, Alberta, needed to determine costs and risks associated with expanding the Light Rail Transit system, with a goal of greater cost...
The Fehmarn Belt Fixed Link is a planned immersed tunnel that will cross the Fehmarn Strait to connect Denmark and Germany. This large infrastructure project...
Águas do Douro e Paiva in Portugal used @RISK for a study to determine the impact of building a new power sub-station in the town...
'@RISK has been an important tool in the creation of African Risk Capacity Insurance Company Limited (ARC Ltd), Africa’s first sovereign catastrophe insurance risk pool. ARC...
Federal Home Loan Bank of Indianapolis’ Enterprise Risk Management team needed to be able to create robust credit portfolio loss models that could account for the...
To better understand the practical aspects of the use of probability and Monte Carlo simulation in life-cycle cost-analysis (LCCA), the US Federal Highway Administration developed...
To meet EU requirements to protect critical infrastructure in Europe, Transelectra used @RISK to analyze energy market risks and set appropriate tariffs to protect against...
A US-based nuclear power company decided to implement an advanced risk management program after signing engineering, procurement, and construction (EPC) contracts for three power plants...
'@RISK is a valuable teaching tool that can be used to illustrate countless risk evaluation examples to students. At Illinois State University, Associate Professor of...
The UK government’s Department of Energy and Climate Change (DECC) undertakes annual projections of energy use and emissions. It uses @RISK to explore the overall...
DNV GL, an international organisation for ship classification, safety and quality control, uses PrecisionTree and @RISK to determine the risk of an incident occurring to...
Consultants from United Nations Development Program (UNDP) assisted the Kuwait Environment Public Authority in creating a national emissions inventory in order to provide a countrywide...
In a study published in the February 2018 issue of Parasite Epidemiology and Control, Researchers at Murdoch University in Perth, Australia, used @RISK in analyzing...
'@RISK is used to propose a method for evaluating reinsurance underwriting opportunities and mitigating the risks that accompany them.
AC Immune SA, a biopharmaceutical company focused on developing product candidates to treat neurodegenerative diseases, harnesses the power of Lumivero's products—specifically @RISK and PrecisionTree, to...
London Underground uses risk consultants Istria Ltd and its software tool IRIS, with @RISK embedded as the engine, to manage diverse risks from investment projects...
@RISK is used at AMSAA to help senior level officials avoid risks of schedule and cost overruns in equipping and sustaining weapons and materiel for...
Pace University’s Lubin School of Business combined their MBA-level Statistics and Operations Research courses, using Data Analysis and Decision Making with Microsoft Excel from Duxbury...
Metaproject was asked by the Chilean government to advise on the best way to rescue the miners. Manuel Viera developed a new model in PrecisionTree...
Updated: Sep. 18, 2023 This case study shows an example of how to manage schedule risk that could affect the realization of different strategic and...
Asher Drory of the University of Toronto’s Rotman School of Management uses @RISK in his graduate-level Financial Management course. Understanding how to use Monte Carlo...
Thales uses @RISK to quantify complex markets in of mission-critical electronic information systems for aerospace, defence, and security around the world. Thales is a leading...
Metallurgical giant Met-Mex Peñoles uses the DecisionTools Suite for Six Sigma Design of Experiments. Because silver and gold are so expensive, process optimization allows analysts...
A consultant with Triangle Economic Research, an Arcadis company, Tim Havranek works with Fortune 500 clients to identify and quantify their potential environmental liabilities and...
The U.S. General Services Administration (GSA) provides contracts to U.S. Agencies for telecommunications and information technology. The newest set of services GSA facilitated are called...
Transnet, the primary freight logistics company in South Africa, relied on @RISK to assess infrastructure expansion, to better understand the risks that might arise during...
Preformed Line Products (PLP), a leading manufacturer in the overhead power lines industry, uses @RISK and its GoalSeek function to develop an intelligent and tailored...
Steel giant Tata Steel enlisted the help of HVR Consulting Services Ltd to conduct a series of project and business risk assessments. The project risk...
U.S. Army Corps of Engineers (USACE) divisions use @RISK and the DecisionTools Suite for dam and levee safety, asset management, cost estimation, construction, SMART Planning,...
P&G trained over a thousand people throughout the company on @RISK for modeling its entire range of investment decisions including new products, geographical expansions, manufacturing...
A study was commissioned to analyze the internal stability of the Ohio River Greenup Locks and Dams, utilizing @RISK. The findings of the project would...
WEnergy Global was considering the pros and cons of moving forward with a 25-year term renewable energy project over multiple geographies, which required a thorough...
The Director of Foreign Exchange at multinational pharmaceutical giant Merck uses @RISK to evaluate value-at-risk (VAR) for currency risks. For a company the size of...
The Larsen & Toubro Institute of Project Management created a methodology for service providers in the engineering outsourcing industry to determine risks affecting their ability...
Using @RISK to Analyze Key Risk Factors and Schedule Risk NASA and Lockheed Martin are working together to plan the first manned mission to Mars,...
To evaluate risks such as O&G production, derivatives, commodities, and operating expenditures, the Exploration and Production (E&P) section of Petrobras developed an in-house system for...
UK Ministry of Defense projects can be large and complex, including major equipment procurement projects. A Project Risk Maturity Model incorporating @RISK has increased the...
In an award-winning case study, researchers at the London Business School used @RISK, PrecisionTree, and RISKOptimizer to demonstrate some of the analytical techniques used by...
Scottsdale Insurance Company, a subsidiary of Nationwide, used Palisade’s @RISK to portray how the insurer would decide which commercial property which would have a higher...
To better inform decisions, Unilever selected Lumivero’s DecisionTools Suite as the principle analysis software to support its Decision Making Under Uncertainty process and decision-focused culture...
Dave MacAdam, Senior Manager of Innovation Strategy at Novelis, relies on the DecisionTools Suite of products to value high-risk research and development (R&D) projects. His...
Consultants at multinational defense contractor QinetiQ used @RISK for cost and schedule risk analysis to analyze key questions around the emerging technology of wireless power...
Gemeente Hoorn, city in the Netherlands, uses @RISK to mitigate the financial risk in the development of housing projects across the region. Hoorn is a...
Fluor Corporation, the multinational engineering, construction and project management firm, standardized on @RISK for cost estimation of refinery facility construction projects. The cost of a...
FutureMetrics, a consultancy for project development and policy research in the biomass thermal energy sector, uses Palisade’s @RISK to accurately estimate wood costs, as one...
ADWEC uses @RISK to help forecast Abu Dhabi’s water demand up until the year 2030. The Abu Dhabi Water & Electricity Company (ADWEC) is a...
Global consultancy Deloitte uses @RISK to help insurers determine the risks that they may be exposed to when considering cell captive insurance policies. The insurance...
Blade Energy developed a statistical analysis tool that can estimate productivity improvements for underbalanced drilling. This tool is an Excel based application program that uses...
BC Hydro has used Palisade’s risk analysis software @RISK for electricity load forecasting for many years; this use was expanded to the DSM program. @RISK...
In a volatile industry sector, large energy companies are well-versed in understanding and modelling business risks such as oil and power prices to optimised insurance...
