A Purchasing Strategy Example Palisade’s PrecisionTree software allows you to analyze the probabilities of different outcomes, and their impacts, in sequential, multi-stage decisions. The decision trees in PrecisionTree show the probabilities of these outcomes...
Sensitivity Analysis Analyze Impacts of Different Variables on Uncertainty Resources Video Brochure Trial Models Prioritize Risks by Ranking their Impacts Analyzing uncertainty, and specifically the key inputs that drive that uncertainty, is at the heart of risk...
What are the characteristics of successful managers? Surveys consistently show decision-making ability at or near the top of the lists. Perhaps no management activity is more important. Risk and Decision Analysis in Projects by John R. Schuyler presents the approach...
This is an example of the use of @RISK automation applied to stock portfolio optimization. It is a custom application written by Palisade Custom Development using @RISK’s XDK in Excel. The steps outlined in the Stock Portfolio Optimization example include: Obtain...
This blog briefly posts some fairly standard “best practice principles” in Excel modeling. The following principles are generally to be applied to Excel models (in fact, in practice, many of these may need to be varied or interpreted in a slightly different way than...
