
Make the best decision given the information that is available to you at the time.
@RISK uses advanced Monte Carlo simulation techniques to analyse risk in your Excel spreadsheet model. In seconds, you can get a look at thousands of different scenarios so you can account for ALL possible outcomes. You'll find out not only what could happen, but how likely it is to happen. @RISK's simulation engine runs up to 10 times faster than previous versions and @RISK's powerful reporting features allow you to graphically demonstrate to others what the chances are of different outcomes occurring.
Build spreadsheet models that tell you how likely you are to achieve your objective
You use @RISK when you don't know the exact values of cells in a spreadsheet model, but you want to estimate the probabilty of various outcomes. For instance:
What is the probability of earning profits over $500,000?
- How likely will you be under budget for that new building construction?
- What's the risk of disease when importing food items?
If you've already made your model with single point estimates, you can replace these with @RISK functions that represent the range of values your estimates could take. Then let @RISK show you all possible outcomes - not just the most likely ones. You'll see what critical situations to seek out - or avoid. You can make the best decision given the information that is available to you at the time.
@RISK comes in three different editions. All editions include RISKview, so you can view, assess and create probability distributions before allowing them to represent uncertainty in your spreadsheet. Draw your own probability curves and let RISKview calculate the distribution that best fits.
@RISK Standard includes @RISK and RISKview. Purchase Standard if you just want to model uncertainty in your spreadsheet.
@RISK Professional includes @RISK, RISKview and BestFit. Purchase Professional if you want save time and create better models by using your real-world data, rather than taking best guesses. BestFit can find the distribution function that best fits your data, using up to 100,000 points.
@RISK Industrial adds RISKOptimizer to the other products, so you can optimise the results of an @RISK simulation, finding the best combination of inputs to maximize or minimize your bottom line.
See the extra information available in the sub-menu for this product, at the top of the page. |