The DecisionTools Suite icon

The DecisionTools Suite

Make Decisions with Confidence

Complete Risk & Decision Analysis Toolkit for Microsoft Excel & Project

[Palisade’s DecisionTools Suite] has played a key role in increasing the quality of decision-making and helping project teams to think clearly, act decisively and feel confident.

Andrew Evans
Decision Analyst, Unilever

A key strategic tool for Thales, assisting us in our process of reaching informed business-critical decisions.

Adam Ogilvie-Smith
Senior Consultant, Thales Management Consultancy

Allows us to measure each eventuality and present it visually so that the benefits of each path are clear to everyone and an informed decision can be taken.

Alec Yeowell
Asset Management Engineer, Halcrow / CH2M HILL

PrecisionTree’s attraction is its capacity to value complex decisions which involve multiple steps.

Robert Hunt
Former Associate Director for Investment Analytics, Procter & Gamble

The DecisionTools Suite 7

No matter what industry you're in, the DecisionTools Suite can help you make decisions with confidence. Take guesswork out of big decisions, and plan strategies with confidence. With the DecisionTools Suite, you can assess risk and optimize decisions – right in your Excel spreadsheet.


A well-balanced and flexible instrument that can be applied to a wide variety of situations, making it ideally suited to managing risk across the enterprise.

Dmitry Shevchenko
Head of Risk Management, MegaFon
Get Started With A Free Trial


The DecisionTools Suite is an integrated set of programs for risk analysis and decision making under uncertainty. DecisionTools Suite software integrates seamlessly with Microsoft Excel, and includes:

  • @RISK for Monte Carlo simulation
  • PrecisionTree for decision trees
  • TopRank for “what if” sensitivity analysis
  • BigPicture for mind mapping & data exploration
  • StatTools for statistical analysis & forecasting
  • NeuralTools for predictive neural networks
  • Evolver for sophisticated optimization
  • RISKOptimizer for Monte Carlo simulation & optimization

How The DecisionTools Suite Is Used

The DecisionTools Suite enables endless applications, including these in :

  • Cash Flow & Financial Analysis
  • Multi-stage Decision Modeling
  • Portfolio Optimization & Resource Allocation
  • Enterprise Risk Management

Customer Success Stories

Learn how The DecisionTools Suite has helped decision makers to improve risk and decision analysis efforts.

Met-Mex Penoles
View Info
Sinopec Engineering Group
View Info

Product Resources

Explore examples and tutorials on how to make The DecisionTools Suite work best for you.

Intro to Risk & Decision Analysis with the Suite
Watch Webinar
Example Model: Competitor Entry
Watch Video
World Cup Champion
Download Model
Cost Estimation
Watch Webinar
Palisade Brochure


Learn More About Each Product in the Suite

Each component of the DecisionTools Suite performs powerful analyses.
When you combine products, you can achieve more complete results than any single program can provide.

Select a product to get more information.


@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel or Microsoft Project spreadsheet—and how likely they are to occur. This means you can judge which risks to take and which ones to avoid.

More About @RISK


PrecisionTree performs decision analysis in Microsoft Excel using decision trees and influence diagrams. Decision trees let you visually map out complex decisions in a sequential, organized manner. This helps you identify all possible alternatives and choose the best option.

More About PrecisionTree


TopRank performs automated “what if” sensitivity analysis on Microsoft Excel spreadsheets. Define any output or “bottom line” cell or cells, and TopRank will automatically find and vary all input cells which affect your output. This allows you to identify and rank all input factors which affect your bottom line.

More About TopRank


StatTools performs forecasting and statistical analysis in Microsoft Excel. It replaces Excel’s built-in statistics functions with its own, more robust and accurate functions. StatTools covers the most common statistical analyses, and even allows you to build your own custom statistical procedures.

More About StatTools


NeuralTools performs predictions in Microsoft Excel using sophisticated neural networks. NeuralTools imitates brain functions to “learn” patterns in your known data, using those patterns to make predictions from new, incomplete data. NeuralTools can automatically update predictions live when input data changes, saving time and enabling more robust analyses.

More About NeuralTools


Evolver performs optimization in Microsoft Excel using genetic algorithms, linear programming, or the OptQuest solving methods. It finds the best solution to linear problems large and small, and gives the best overall global solution to nonlinear, complex problems where other solvers fail. Evolver constantly tries new, different solutions to arrive at the best answer possible.

More About Evolver


RISKOptimizer uses genetic algorithms or OptQuest methods, along with Monte Carlo simulation, to solve optimization problems. Take any optimization problem and replace uncertain values with @RISK functions that represent ranges of possible values. RISKOptimizer tries different combinations of adjustable cells to achieve the goal you define, while running Monte Carlo simulations on each trial solution to account for inherent uncertainty. The result is the most robust, accurate solution possible.

More About RISKOptimizer


BigPicture is a mind mapping and chart generation add-in for Microscoft Excel. It allows you to create mind maps to organize thoughts and ideas, or create dynamic maps from any type of spreadsheet data.

More About BigPicture

Save up to 51%

When you buy the DecisionTools Suite, you save up to 51% versus buying all components individually. The best analyses at a great price—with The DecisionTools Suite.

Professional Industrial
@RISK & RISKOptimizer* $1915 $2595 Professional: $1915
Industrial: $2595
BigPicture** $340 $340 Professional: $340
Industrial: $340
PrecisionTree $1120 $1465 Professional: $1120
Industrial: $1465
TopRank** $495 $795 Professional: $495
Industrial: $795
NeuralTools $560 $895 Professional: $560
Industrial: $895
StatTools $395 $670 Professional: $395
Industrial: $670
Evolver $960 $1350 Professional: $960
Industrial: $1350
Total Value $5785 $8110 Professional: $5785
Industrial: $8110
DecisionTools Suite DTS $2930 $3840 Professional: $2930
Industrial: $3840
Savings $2855 $4270 Professional: $2855
Industrial: $4270
* RISKOptimizer included with @RISK Industrial
** BigPicture and TopRank are available only with the DecisionTools Suite; they are not sold separately.
Prices shown are estimated retail prices.
Buy Now Buy Now
* RISKOptimizer included with @RISK Industrial
** BigPicture and TopRank are available only with the DecisionTools Suite; they are not sold separately.
Prices shown are estimated retail prices.

Additional Benefits


Maintenance is included for a limited time period with your software purchase.

  • Free upgrades when new software versions are released
  • Full access to Technical Support


Technical Support is available to help with installation, operational problems, or errors.

  • Free with a current maintenance plan
  • Available nearly 24 hours


Leverage the power of The DecisionTools Suite in your own custom application with Palisade Custom Development.

  • Engage Palisade to design your solution
  • Standardize your analyses and reduce learning curves