More Than a Roll of the Dice
    MiningNewsPremium.net, Alex Forrest, 10 January 2008
A MINING project's viability ultimately hinges on minimising risk. While doing this may not be as simple as analysing your chances at the tables in Vegas, the software available to help mining companies assess their project risk is becoming increasingly advanced. Alex Forrest looks at a leading risk management software provider.

Application of a Monte Carlo Simulation Method for
Predicting Voltage Regulation on Low-voltage Networks
    Power Systems IEEE Transactions, February 2005, Vol 20, Issue 1
Estimating voltage regulation on Low-Voltage (LV) networks is "bread and butter" work for many electricity network engineers. This paper summarizes research work on Monte Carlo modeling of residential electricity demand and its application to LV regulation problems.

Capital Budgeting: Managing Efficient IT Project Portfolios
    Marcia Gulesian, Developer.com, 2006
This is the first in a series of articles that will examine some of the most commonly used decision-making methods for the selection or rejection of individual projects throughout the project portfolio management process. These methods determine whether or not a given project (either proposed or in process) should be included in your next capital budget. The article features Evolver for optimization.

Capital Budgeting: IT Project Portfolio Optimization Redux
    Marcia Gulesian, Developer.com, 2006
This is the second in a series of articles that examines decision-making methods for the selection or rejection of individual projects throughout the project portfolio management process. These methods determine whether or not a given project (either proposed or in process) should be included in your next capital budget. The article features RISKOptimizer and @RISK for optimization under uncertainty.

Rational Outsourcing Decision in VoIP Projects
    Marcia Gulesian, Developer.com, 2006
According to a recent Harvard Business School study, higher IT capability directly correlates with superior revenue growth. Nearly all IT managers (at more than 150 large enterprises) surveyed for the study said they plan to increase outsourcing, particularly in the areas of application development and IT infrastructure. This article features PrecisionTree to evaluate outsourcing decisions.

Neural Network Analysis Speeds Disease Risk Predictions
    Scientific Computing, Ninad Patil, M.D., M.S. and Timothy J. Smith, R.Ph., Ph.D., July 2007, pps 36-38
Researchers at the University of the Pacific’s Thomas J. Long School of Pharmacy and Health Sciences used Palisade’s NeuralTools to assist in the evaluation of both the impact of pathological processes and their implications for drug therapy.

Using @RISK to Calculate Portfolio Performance
     CARISMA Centre for the Analysis of Risk and Optimisation Modelling Applications, Brunel University, UK,
     by George Birbilis and Gautam Mitra, 15 August, 2003
This article demonstrates how a simulation approach using @RISK can be used as a simple but effective financial planning tool.

 

More Articles

 

'Exotic' Programming Tools Go Mainstream
     eWeek, Feburary 2006

Fast and Robust Monte Carlo CDO Sensitivities and their Efficient Object Oriented Implementation
    DefaultRisk.com, May 2005

Practical Calculation of Expected and Unexpected Losses in Operational Risk by Simulation Methods

@RISK and BestFit Models Provide Insight on Biological Control Impact on Monarch Butterflies.
     A quantitative risk assessment Study from the University of Minnesota

Neural Networks Software Crunches the Big Numbers
     Summary of methodology and applications of neural networks software,
     including Palisade's NeuralTools. Quality Digest, February 2006

Capabilities of Neural Network as Software Model-Builder

Project Portfolio Management at Novartis Pharma
     A Case Study from London Business School using @RISK, PrecisionTree, and RISKOptimizer

Planning for Retirement and @RISK

Financial Analyses with DecisionTools

Texaco vs. Pennzoil: Modeling a Settlement in PrecisionTree

Schedule Risk Analysis Simplified

When CAPM Is Not Reliable Anymore, Simulation and Optimization Tools Will Get the Job Done
     Guilherme Marques Calôba, et. al., 2004

The Economics of Litigation
     Samson Vermont, 2001

Combining Preference Theory and CAPM Efficient Frontier: Towards and Optimum Portfolio of Upstream Projects
     Regis da Rocha Motta et. al.

Investment and Risk Analysis Applied to the Petroleum Industry
     Regis da Rocha Motta et. al.

Estimating the Cost of Preventive Services in Mental Health and Substance Abuse Under Managed Care
     Substance Abuse and Mental Health Administration, Department
     of Health and Human Services, December 2001

A Better Way to Size Up Your Nest Egg: Monte Carlo Models Simulate All Kinds of Scenarios,
     BusinessWeek, January 22, 2001

Using Monte Carlo Simulation for Pavement Cost Analysis
     Public Roads Magazine, November/December 2000

Why Plain Old Spreadsheets Are Not Enough (RISKOptimizer)
     PCWeek, March 1999

Palisade Takes Add-In Science to New Heights (@RISK, BestFit)
     Derivatives Strategy, August 1996

Modeling a European Put Option (@RISK)
     Sam O. Sugiyama & Jeffrey Chow

Operational Research Software (BestFit)
     European Journal of Operational Research