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 Forces Base Esquimalt, Victoria, BC.
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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 Forces Base Esquimalt, Victoria, BC.
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 probability functions associated with asset classes, analysts at FiduciaryVest used @RISK to answer questions that cannot be addressed using static or optimized financial models.
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 a crucial aspect of their business – long-range capacity planning for their extensive manufacturing operations.
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 worldwide. Their remit is to provide advanced analytical solutions that enable the financial well-being and solvency of their clients, who include many life and short-term insurers across the African continent, as well as energy and resource companies. Deloitte AIS used Palisade’s @RISK to construct financial models that captured the inherent risks in the liabilities and assets for one of their clients in the mining industry, and subsequently enabled that client to save billions of South African rands.
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 a business valuation on a surgery center facing multiple path-dependent scenarios of expansion (and contraction). The purpose of the valuation was to syndicate additional ownership interests to physician investors. Such transactions must comply with federal regulations, including the “Starke Law” and anti-kickback statute, and must be consistent with demonstrated Fair Market Value. The challenge was to model the different path-dependent scenarios, while also operating within the standard of Fair Market Value in order to determine the value of the surgery center. HAI used @RISK to simulate scenarios and analyze the impacts of each scenario on the value of the business.
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 projects to determine risks and uncertainties associated with the project’s schedule and cost estimation. The team uses a wide range of risk analysis tools, including @RISK, to conduct quantitative risk analysis allowing them to inform decision makers, not only on the likelihood of the project’s commercial success, but also to increase the likelihood of success by highlighting and mitigating key risks and opportunities.
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 Argentina.
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 on a projected $7.4 billion Canadian pipeline project. Using his own risk model build on the @RISK platform, John Zhao of Kinder Morgan and Riskcore Ltd. was able to combine qualitative and quantitative processes to produce a detailed and auditable analysis.
