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2013

» Rotman School of Management Students Learn To Make Key Financial Decisions
   Using Monte Carlo Simulation
   March 2013
In Professor Asher Drory's Financial Management course, Drory uses @RISK to teach some 200 graduate students each year how to use Monte Carlo simulation in analyzing working capital and capital budgeting decisions. Monte Carlo simulation furnishes the decision-maker with a range of possible outcomes and the probabilities that will occur for any choice of action.

» Pepperdine’s Graziadio School of Business Leverages Palisade DecisionTools
   Software to Teach Students the “Why” Behind Decision Analysis
   February 2013
MBA students are learning the value of decision analysis at Pepperdine University’s Graziadio School of Business and Management. Dr. Warren “Joe” Hahn, Assistant Professor of Decision Sciences, teaches his Applied Data Analysis class to 75 Pepperdine MBA students a year. Realizing that data analysis alone is not what the majority of MBA graduates will do, he relies on Palisade software to facilitate understanding of the business implications behind the analysis—key skills employers are looking for in MBA grads.

» Illinois State's MBA Corporate Finance uses @RISK for Advanced Techniques
   January 2013
Students in corporate finance classes at Illinois State University’s College of Business rely on Palisade’s @RISK. Dr. Domingo Castelo Joaquin teaches Advanced Corporate Finance in a special MBA program for executives and managers from Archer Daniels Midland and other neighboring firms such as Caterpillar, and he also teaches undergraduate seniors in the University’s College of Business. Both groups of students use @RISK to learn advanced financial analysis techniques using Monte Carlo simulation.

2012

» Teaching Concepts of Risk Analysis in Economic Evaluations with @RISK
   December 2012
For several years, Professor Cuneo (Civil Engineer, MBA Finance, and Certificate in Risk Management) has taught graduate-level energy economics and development using @RISK at the Federico Santa Maria Technical University and the Universidad de Antofagasta. @RISK helps Professor Cuneo’s students to understand and apply the basic concepts of risk analysis in economics valuations, such as Jensen Inequality, Means Fallacy, Risk Index, and more.

» @RISK Helps Columbia University Students Tackle Global Risks
   November 2012
Students in Professor Roy Nersesian’s Quantitative Methods in Energy and Policy Analysis course gain hands-on experience in the development and interpretation of quantitative models for project evaluation and policy assessment. The students develop cash flow and market models using Palisade’s @RISK.

» Cornell and Purdue use @RISK to Assess US Agriculture
   October 2012
To assess the impacts of government policy tools on farmland risk and return researchers at Cornell and Purdue developed an economic model for farm income and expenses based on a representative parcel of land and crop mix. @RISK allowed the researchers to model the uncertainties associated with crop yield and price.

» Palisade DecisionTools Suite version 6.0 Now Available!
   September 2012
New DecisionTools Suite version 6.0 includes a wide range of improvements, including powerful new integration of @RISK with Microsoft Project that allows you to perform risk analysis and Monte Carlo simulation on your Microsoft Project schedules – all from the @RISK for Excel platform!

» Cranfield University uses @RISK for Product Reliability
   August 2012
A project focusing on sub-sea equipment for the oil and gas industry at Cranfield University provided evidence to business managers that a better return on investment (ROI) is achieved through enhancing a product's long-term reliability as a result of spending time and resources early in the product design lifecycle.

» Royal Veterinary College uses @RISK to Combat Avian Flu
   July 2012
The RVC's epidemiology skills enable it to identify and understand the risks associated with specific diseases. However, in order to determine appropriate activity to prevent infections spreading, the RVC must quantify the risks it has outlined. To do this it uses @RISK software.

» @RISK and StatTools critical for Masters of Accounting students
   June 2012
Professor Joe Callaghan teaches Financial Analysis and Evaluation to students at Oakland University, where he has been an instructor for more than 20 years. A colleague who was using @RISK in a Management Information Systems Decision Modeling course sung its praises. Professor Callaghan was intrigued, and discovered that Palisade software has many useful applications in financial analysis.

» Students Solve Probabilistic Problems in Construction
Productivity at Northeastern University
   May 2012
Professor Ali Touran of Northeastern University in Boston has been using @RISK for over 20 years. In the early 1990s, he prepared the first risk assessment manual for the US Federal Transit Administration, using @RISK.

» CRC Press Publishes Primer on Risk Analysis:
Decision Making Under Uncertainty by Charles Yoe
   April 2012
This new book lays out the tasks of risk analysis in a straightforward, conceptual manner that is consistent with the risk models of all communities of practice. It answers the questions “what is risk analysis?” and "how do I do this?” The book’s simple and straightforward style—based on the author’s decades of experience as a risk analyst, trainer, and educator—strips away the mysterious aura that often accompanies risk analysis.

» Decision Making and Risk Management at Ruhr University, Germany
   March 2012
Dr. Brigitte Werners at Ruhr-University in Bochum, Germany first came to learn of @RISK when it was recommended to her by a colleague. Eight years later, she continues to use @RISK and the DecisionTools Suite in her 120-student undergraduate course Risk Management and Simulation, and her 80-graduate student course, Rational Decision Making.

» March Madness Simulations Demonstrate Uncertainty and Decision-Making
   February 2012
Villanova University Professor Robert Nydick, PhD, finds that the NCAA March Madness tournament makes an excellent simulation to show his MBA students how @RISK software can measure the impact of uncertainty and enhance decision-making.

» Grad Students use @RISK to Tackle Real-Life Challenges
   January 2012
When Glasgow Caledonian University Prof. John Houston was looking to show his Risk Management students the power of @RISK software, he turned to a real-life problem facing Network Rail – the demolition of redundant coal sheds and signal boxes on the east coast of Scotland.

2011

» Grad Students at IE Business School in Spain Use @RISK to Simulate Catastrophe
   December 2011
In a course taught at the Instituto de Empresa Business School, Madrid, Dr. Milo Jones uses Palisade software to illustrate the possible effects of various geopolitical scenarios (pandemics, earthquakes, terrorist attacks, etc.) on a firm's revenues, expenses and operations.

» New Experts’ Corner Video Series
   November 2011
Palisade is pleased to announce a new series of how-to video tutorials on getting the most from @RISK and DecisionTools Suite software. The Experts’ Corner is a great place to get a refresher on Palisade tools or refer students for a quick overview./p>

» Stanford University Press Publishes New Text on Entrepreneurial
   Finance Featuring DecisionTools Software
   October 2011
Stanford University Press has released an important new textbook in the rapidly expanding field of entrepreneurship: Entrepreneurial Finance: Strategy, Valuation, and Deal Structure by Janet Kiholm Smith, Richard L. Smith, and Richard T. Bliss. The new title is unique in its application of quantitative, probabilistic analysis to tackle the enormous uncertainties facing any new venture.

» Palisade Publishes Three New Books on Business Risk Management
   September 2011
Leading risk analysis expert and professor at Monmouth and Columbia Universities Roy Nersesian has written three practical, how-to textbooks on applying quantitative risk analysis techniques to a wide range of business problems. All books include step-by-step examples using Excel and DecisionTools Suite software and example Excel files, enabling readers to put this expertise to work immediately.

» At the Univeristy of Pennsylvania, @RISK
   Helps Future Leaders Handle Uncertainty
   August 2011
What traits make a person an effective leader? How that person handles uncertainty has to be near the top of the list, says Keith Hornbacher, MBA, Affiliated Faculty, Organizational Dynamics, at the University of Pennsylvania. But how do you teach a concept as hard to grasp as, well, uncertainty?

» Transportation Research Students “Question Everything”
   with the Help of @RISK – and Decide on Answers
   July 2011
In Denmark, where gas costs around €1.65/liter ($9 USD/gallon), planners have to make transportation as efficient as possible. For Kim Bang Salling, Ph.D., assistant professor at the Technical University of Denmark, that means teaching graduate students in his “Risk Analysis and Decision Support” class to question everything when reviewing a transportation project.

» Classroom Experiences Applied to Local Oil Industry at the Brazilian Petroleum Institute
   June 2011
Most of Professor Luciano Arantes Rezende Costa’s students at the Brazilian Petroleum Institute work in the local oil industry. So, when he teaches his 20-hour course on evaluation of petroleum exploration opportunities, he has to provide hands-on lessons his students can immediately apply in their own careers.

» Integrating Palisade Tools into the Classroom, Dr. Samuel Frimpong of the Missouri University of Science and Technology
   May 2011
For their capstone design projects, undergraduate mining engineering students at Missouri University of Science and Technology have to develop “real-world” solutions. So, Dr. Samuel Frimpong provides his students with real-world tools, including Palisade’s @RISK software.

» University of Buenos Aires Analyzes Agricultural Portfolios with @RISK
   April 2011
With the advent of corporate farming, analysts at large agricultural companies have begun to apply the same kinds of risk analysis techniques that their counterparts in the manufacturing and finances sectors use, to the powerful uncertainties of market prices and the natural world.

» Cornell University and @RISK Help the
    LCRA Manage Water Supplies
   March 2011
In a unique partnership, Cornell University Operations Research students collaborated with the LRCA to develop a water supply model using Palisade’s @RISK software.

» Bucknell University Uses PrecisionTree
    in Cable TV Rollout Decision
   February 2011
Bucknell University offers digital cable television service in all of its 1,700 residence rooms. Palisade’s PrecisionTree decision analysis tool was instrumental in Bucknell’s decision to build the network and deploy the service.

» Cambridge University's Judge Business School
    uses @RISK to advise on climate change
   January 2011
The Judge Business School at Cambridge University in the UK performs scientific research in addition to management work. The School’s Management Research Group provided key input to the Stern Review on the Economics of Climate Change. The Review was the largest and most widely referenced report of its kind and was used by government bodies such as the Organisation for Economic Co-operation and Development (OECD) and the Department for Energy and Climate Change (DECC). The report was undertaken for the British government by Lord Stern and discusses the effect of climate change and global warming on the world economy.

2010

» @RISK 5.7 and DecisionTools Suite 5.7 Academic 64-bit Now Available
   December 2010
We are pleased to announce the release of @RISK 5.7 and DecisionTools Suite 5.7 academic versions, with full compatibility with Excel 2010, both 64-bit and 32-bit versions. Now all academic versions, including those bundled with textbooks and all course licenses, are compatible with 64-bit Excel.