@RISK’s Monte Carlo simulation is used to analyze everything from investment projects to passenger safety. “Companies are realizing that risk management can provide tangible benefits in improving the bottom line.”
Toymaker LEGO uses @RISK in its Enterprise Risk Management framework. “@RISK presents findings in a business-focused way to the board of directors so they can make informed strategic decisions.”
Tata Steel Europe (formerly Corus Steel) uses @RISK to manage the shutdown process of large blast furnaces. The project was a major success, meeting aggressive target windows.
The DecisionTools Suite is used in Unilever’s structured decision making process to inform decisions in inno-
vation, new projects, supply chain, and more. “DecisionTools increases the quality of decision-making.”
Students at Columbia’s School of International and Public Affairs deal with risk in global energy markets and policy issues. Prof. Roy Nersesian uses @RISK to tackle cash flow and market models. “Students find @RISK easy to use.”
Petrobras uses @RISK to evaluate the economic risks of potential investments, such as drilling in the Gulf of Mexico. @RISK aids in complex scenarios, like multiple drilling concessions and projects taken with partners.
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