Resources
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 for roads and road building in order to understand the effect that projects will have on traffic behavior, as well as overall social, economic and environmental impacts.
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 by investigating the effects of parametric uncertainty.
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 life sciences sector, can be problematic because of the uncertainties in outcome, time to reach market, milestones, and the length of time to take a new drug to market. Biopharmaceutical development is a very high risk business – a new drug beginning clinical trials has only a 20% chance of ever reaching the market. Through using @RISK, Captum was able to value technology projects and to calculate Risk Adjusted Net Present Value.
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 take all the risks into account and to assess the whole ‘Value at Risk’ for the project financer,” says Dr. Lionel Clément, who helped spear-head the analysis for Réseau Ferré de France (RFF), a state-owned company that owns and manages the French railway sector. Clément is an Associate at Transae, a consultancy in transport economics.
Integral Consulting was hired by a Fortune 100 mining company to assist with evaluating remediation (aka cleanup) strategies for a 100-year-old mine. The Integral team used @RISK to evaluate multiple strategies and select a solution that minimized environmental impact and achieved full regulatory approval, while enabling the client to save more than USD $100M.
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 examine inefficiencies and improve marketing.
For UK Environment Agency projects, Halcrow employs @RISK in the risk quantitative stage to set risk budgets at the start of each phase of the project commission.
Solvĕre provides technical consultancy on infrastructure projects with a particular focus on Private Public Partnerships. It uses @RISK to enable government bodies, public agencies, contractors and investors to make informed decisions through the evaluation of potential risks and uncertainties in forecast revenues, and the potential impact of non-compliance with the performance criteria.
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.
RiskAdvisory helps mid-size utilities get a handle on uncertainties--how much energy to produce, when to produce it, and how to price it. To effectively take into account all the required risk factors, RiskAdvisory turned to the @RISK Developer Kit (RDK) for its powerful Monte Carlo simulation engine.
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 should one occur. This epidemiologic model integrates @RISK and RISKOptimizer in order to account for uncertainty.
