You make difficult decisions every day–decisions based on a thorough analysis of the alternatives and the available data. But what if the alternatives are uncertain and ill-defined? Or the data is sketchy or doesn’t exist? Every day analysts, engineers, and managers around the world rely on the DecisionTools Suite to help them solve problems, uncover opportunities, and make better decisions.

DecisionTools That Work Together in Excel
The DecisionTools Suite is an integrated set of programs designed to work together in Microsoft Excel to provide combined analyses for optimum decision analysis in one package! The DecisionTools Suite brings together: @RISK, PrecisionTree®, TopRank®, RISKOptimizer®, BestFit® , and @RISKAccelerator®. Installation is fast and easy, using a single CD-ROM. The programs themselves have been designed to work together in an integrated environment, running from a common toolbar in Microsoft Excel. All have Microsoft Office-style interfaces, menus, and toolbars. This means that you don’t have to spend a lot of time learning how to use the DecisionTools Suite.

DecisionTools Includes All-new @RISK 5.0

The world’s leading risk analysis software now sets a new standard. All-new @RISK 5.0 for Excel has been redesigned from the ground up to provide unprecedented model sharing, a revamped interface, and more robust analyses – including new Six Sigma and insurance functions.

@RISK 5.0 is currently included with the DecisionTools Suite as a separate installer with a separate serial number. The Industrial edition of @RISK 5.0 includes all-new RISKOptimizer 5.0 and is included with the Industrial edition of DecisionTools Suite.

» What's New in @RISK 5.0
» Watch What's New in RISKOptimizer 5.0 Quick Tips

Greater Than the Sum
of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can perform analyses with more complete results than any single program can provide. Incorporate decision analysis in your spreadsheet model by creating a decision tree with PrecisionTree. Then perform a “What-if” analysis with TopRank to identify critical variables in the model. Bring in @RISK to analyze the risk inherent in the chance events and uncertain payoffs of your PrecisionTree model. Use BestFit to quantify risks in your @RISK, PrecisionTree, and TopRank models. Perform a risk analysis of uncertain factors with @RISK, then use RISKOptimizer to help allocate variables you can control.

Two Editions to Meet Your Needs

The DecisionTools Suite includes the following tools:

@RISK
The popular risk analysis add-in to Excel that helps you identify hidden opportunities and avoid pitfalls. Add the power of Monte Carlo simulation to any Excel spreadsheet. Replace uncertain values in your spreadsheet with @RISK distribution functions and simulate. Use historical data to select your @RISK functions. The result is a distribution of possible outcomes and the probabilities of those outcomes occurring. Use presentation-quality graphs and charts to explain your findings to others.

Never leave Excel with the new @RISK 5.0 interface.
Preview, compare, and select over 35 distribution functions in @RISK

PrecisionTree
The decision analysis add-in for Excel that lets you illustrate to others what you should do and why. Create decision trees and influence diagrams in your spreadsheets. Use decision trees to visually model a sequence of decision-making events. Results include a full statistical report, sensitivity charts and risk profile graphs.

TopRank
The “what-if” add-in to Excel that narrows your analytical focus in seconds.
Determine the most critical factors in your spreadsheets automatically. TopRank scans your entire spreadsheet and identifies which cells affect your bottom line the most, and then ranks them in easy-to-understand Tornado charts and statistical reports.

RISKOptimizer
Solve tough combinatorial problems like never before with this optimization add-in to Excel. Use genetic algorithms to find the best possible combination of controllable factors to lead to a desired result. Then run a Monte Carlo simulation on the scenario to see the effects of uncontrollable variables. RISKOptimizer combines these analyses automatically. Available in DecisionTools Suite Industrial.

RISKOptimizer combines optimization with simulation to solve problems with uncertainty.

…And more!

DecisionTools Suite Features & Benefits

 

DecisionTools Suite Industries & Applications

The DecisionTools Suite is used to analyze risk and uncertainty in a wide variety of industries. From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from The DecisionTools Suite.

INDUSTRY FINANCE AND SECURITIES   » Details   » Case Studies       INSURANCE / REINSURANCE   » Details   » Case Studies MANUFACTURING   » Details   » Case Studies   OIL / GAS / ENERGY   » Details   » Case Studies     PHARMACEUTICALS / MEDICAL / HEALTHCARE   » Details   » Case Studies ENVIRONMENT   » Details   » Case Studies GOVERNMENT AND DEFENSE   » Details   » Case Studies   AEROSPACE AND TRANSPORTATION   » Details   » Case Studies   SAMPLE APPLICATION Retirement planning Currency valuation Real options analysis Discounted Cash Flow analysis Value-at-risk Portfolio optimization Loss reserves estimation Premium pricing Six Sigma and quality analysis New product analysis Production siting Plant shutdown Product life cycle analysis Six Sigma and quality analysis Exploration and production Oil reserves estimation Capital project estimation Pricing Regulation compliance New product analysis R&D estimation Disease infection estimation Endangered species preservation Pollution cleanup and projections Resource allocation War games Welfare and budgetary projections Cost estimating Highway planning and optimization Supply chain distribution

 

Licensing and Training

The DecisionTools Suite is available through a variety of licensing options, including corporate, network, and academic licenses. Training, consulting, and books can be bundled with your software to ensure you and your staff get the most out of your investment.

100% Excel

@RISK simulations are calculated 100% within Excel, supported by Palisade sampling and statistics proven in over twenty years of use. Palisade does not attempt to rewrite Excel in an external recalculator to gain speed. A single recalculation from an unsupported or poorly reproduced macro or function can dramatically change your results. Where will it occur, and when? Palisade harnesses the power of multiple CPUs and multi-core processors to give you the fastest calculations. Correct results—and fast—using @RISK and the DecisionTools Suite!

COMPATIBILITY: DecisionTools Suite is compatible with Excel versions 2000 through 2007.