@Risk

What is @Risk?

RISK for risk analysis

From financial to scientific, anyone who faces uncertainty in their quantitative analyses can benefit RISK. RISK helps both Fortune 100 companies and private consultancies paint a realistic picture of possible scenarios. This allows companies to not only hedge risks, but also identify and exploit growth opportunities.

Overview

RISK (pronounced "at risk") is an add-in for Microsoft Excel that allows you to analyze risk using Monte Carlo simulation. RISK shows virtually every possible outcome for any given situation – and indicates the likelihood that they will occur. This means you can assess which risks to take and which to avoid – a critical view in today's uncertain world.

Works with Excel and project templates

Avoid pitfalls and discover opportunities

Plan better strategies

Identify Risk Factors

Communicate the risk to others

How RISK is used

RISK allows for endless applications, including these:

Cash flow and financial analysis

Enterprise Risk Management

Portfolio Optimization

Cost estimation

Resources

Monte Carlo Simulation

By sampling different possible inputs, RISK calculates thousands of possible future outcomes and the chances that they will occur. This helps you avoid likely dangers and uncover hidden opportunities.

100% integration with Excel

RISK integrates seamlessly with Excel's set of functions and ribbon, allowing you to work in a familiar environment with reliable results.

Sensory analysis

RISK identifies and ranks the most important factors that drive your risks, so you can plan strategies and resources accordingly.

Charts and Reports

RISK offers a wide range of customizable and exportable graphical and reporting options that enable risk communication for all stakeholders.

Extensive modeling capabilities

With an extensive library of probability distributions, data fit tools, and correlation modeling, RISK allows you to represent any scenario in any industry with the highest level of accuracy.

System Requirements

If you can run Microsoft Office on a Windows machine, you can run Palisade software. That said, the more RAM the better, a faster processor is good, and more CPUs (for RISK simulations) are generally good.

There is an interaction between a sufficient amount of RAM and the number of CPUs (colors) used by RISK in a simulation. Each core in a multi-CPU simulation runs its own copy of Excel, so the more cores you use, the more RAM you need. If you run your simulation with multiple CPUs enabled, more cores will usually be good; with multiple CPUs disabled, you're only using one core and want it to be as fast as possible. If you're using only one core, make sure you have that amount of RAM (plus 1 GB or more for Windows), and if you're using multiple cores, multiply that amount of RAM by the number of cores.