Reviewed in Magazine May 1998

Making complex business decisions requires tools with a high level of compatibility. DecisionTools Suite, in Standard and Professional versions for Microsoft Excel, provides five decision- and risk-analysis programs that work together to allow consistent and in-depth understanding of critical variables.

You can define your problem, identify the variables and analyze the outcome. Replace uncertain values with @RISK functions, then view the distribution of possible outcomes and the probabilities of achieving the desired results. TopRank allows you to automate these procedures using a What-If Wizard to analyze any spreadsheet model. The results can be displayed as spider, tornado and sensitivity graphs.

PrecisionTree develops a decision tree with end nodes listing the payoff and probability for each path through the tree, and then develops a Risk Profile for different decision options. RISKview (part of @RISK) allows you to view, assess and create probability distributions.

The Professional edition provides additional reports and graphs and, in RISKview, it calculates the distribution type and parameter values that best fit a hand-drawn curve.

Copyright (c) 1998 CMP Media Inc.