Palisade
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Decision-Making and Quantitative Risk Analysis using @RISK
(8023/AACEI Two)
Includes an introduction to the use of @RISK
with other DecisionTools software

The 2 day @RISK-specific training employs simple examples to present modeling techniques and the capability of the software, as well as simulation analysis. By the end of the course, attendees should be able to perform defensible risk assessments using the @RISK software. Two days provides a sound introduction to @RISK.

Please note: Participants bring their own laptops. (No laptops are provided.)

Day 1


Introduction

  1. Overview of Palisade Corporation
  2. Course Overview
  3. Introduction to Risk Assessment
    1. Concept
    2. Statistics and Probability
    3. Probability Distributions – common functions
    4. Monte Carlo Simulation
  4. @RISK Interface
  5. Developing a Simple Model
Viewing Simulation Results Using @RISK
  1. MC Simulation of Simple Model
  2. Viewing Results Summary
    1. Distributions
    2. Statistics
  3. @RISK Reports
    1. Detailed Statistics
    2. Data
  4. @RISK Analyses
    1. Sensitivity
    2. Scenarios
  5. Sharing Simulation Results
    1. Excel Reports
    2. Stats Functions, etc.
    3. @RISK Library
  6. Sharing Model Information
    1. Swap Function
    2. RiskTemplate
  7. Additional @RISK Features
  8. Advanced Analyses

Day 2


Correlation and Interdependence


  1. Correlating Risk Inputs
    1. Impact
    2. Simple Calculation Example
  2. Correlation Methodology
    1. Pearson
    2. Rank
    3. Application
  3. Time Dependent Risk
    1. Impact
    2. Application
    3. Time Series Correlation
Selecting Distributions
  1. Introduction
  2. Expanded Distribution Selection
    1. Bootstrap Method
  3. Distribution Fitting
    1. Interface
    2. Fit Manager
    3. Linking Data
  4. Expert Opinion
    1. Alternate Parameters
    2. Judgment and Bias
  5. @RISK Library

Comprehensive @RISK Example Review of Additional Example Models Using @RISK with the DecisionTools Suite - Integrated Example

  1. TopRank and @RISK
  2. PrecisionTree and @RISK
  3. RISKOptimizer and @RISK


Program Level: Intermediate

Prerequisites: Familiarity with Microsoft Excel. No Advanced Preparation required.

These courses are Group Live Offerings. Credits available per hour of instruction: 1 CPE credit (available for US courses only), 1 PMI Professional Development Unit, 1 PDH toward AACEI certification.


» Palisade Corporation
» Seminar Schedule

Palisade Corporation
798 Cascadilla Street
Ithaca, NY 14850-3239
800 432 RISK (US/Can)
+1 607 277 8000
+1 607 277 8001 fax
sales@palisade.com
Palisade EMEA & India
+44 1895 425050 salesEMEA@palisade.com
salesIndia@palisade.com
Palisade Asia-Pacific
+61 2 9252 5922
salesAP@palisade.com
Palisade アジア・
パシフィック東京事務所
+81 3 5456 5287 tel
sales.jp@palisade.com
www.palisade.com/jp/
Palisade Latinoamérica
+1 607 277 8000 x318
+54-1152528795  Argentina
+56-25813492 Chile
+507-8365675 Panamá
+52 55 5350 2852 México
+511-7086781 Perú
+57-15085187 Colombia
servicioalcliente@palisade.com
ventas@palisade.com
www.palisade-lta.com
Palisade Brasil
+55 (21) 3958 1443
+1 607 277 8000 x318 tel
vendas@palisade.com
www.palisade-br.com