E-Focus: Sign Up for the Palisade Risk Conference Las Vegas

In This Issue
What’s New
» Sign Up for the Palisade Risk
   Conference Las Vegas

» More Palisade Risk Conferences
» Palisade Featured in
   Quality Magazine

Case Study
» Using @RISK to Improve
   Wind Power Efficiency

@RISK Modeling Tips
» Measuring Hydropower
  Performance with @RISK

Upcoming Webcasts

In This Issue
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2013 Palisade Risk Conferences
These events include industry experts presenting a selection of real-world case studies, practical software workshops and training classes presented by Palisade trainers, consultants, and software engineers.
» Santiago de Chile: 19 March
» São Paulo: 21 March
» Johannesburg: 25 April
» Tokyo: 14 May
» Shanghai: 16 May
» London: 11 June
» Frankfurt: 13 June
» Brisbane: 27 August
» Perth: 29 August
» Moscow: 14 October
» Paris: 12 November
» Milan: 14 November
» Las Vegas: 20-21 November

Regional Seminars
» Asia-Pacific
Singapore: 18-19 September
Perth: 20-21 November

» Brasil
Rio de Janeiro: 2-4 de outubro
Belo Horizonte: 16-18 de outubro
Curitiba: 23-25 de outubro
Brasília: 6-8 de novembro
São Paulo: 20-22 de novembro

» EMEA & India
London: 17-19 September
Munich: 24-26 September
London: 22-24 October
Johannesburg: 29-31 October
Oslo: 19-20 November
Mumbai: 25-26 November
London: 3-5 December
Milan: 10-12 December

» Latin America
San José: 24-26 de septiembre
Panamá: 1-3 de octubre
Bogotá: 29-31 de octubre
México D.F.: 3-5 de diciembre

» North America
San Francisco: 17-19 September
Montreal: 1-2 October
Dallas: 1-3 October
Chicago: 15-17 October
Philadelphia: 5-7 November
Denver: 6-7 November*
Los Angeles: 3-5 December
Orlando: 10-12 December
*Project Risk Assessment Seminar

Live Web Training
Using Decision Trees
with PrecisionTree to Add Insight
to Decisions

24 September, 1pm-5pm ET

Project Risk Assessment
using @RISK

25-26 September, 1pm-5pm ET

Decision-Making and Quantitative Risk Analysis using @RISK

31 Oct.- 1 Nov. 1pm-5pm ET

14-15 November 1pm-5pm ET

Decision-Making and
Quantitative Risk Analysis
using the DecisionTools Suite

9-10 December, 9am-1pm ET

19-20 December, 9am-1pm ET


Trial Versions
Palisade software is available
in fully functional trial versions.
Try @RISK or any of our
software today!

The DecisionTools Suite
The complete risk and
decision analysis toolkit

» English
» Español
» Português
» Deutsch
» Français
» 日本語版
» 中文版

Risk analysis software using Monte Carlo simulation for Excel and Project

Visual decision analysis
for spreadsheets

Sophisticated neural networks for spreadsheets

Advanced statistical analysis for spreadsheets

The Innovative Optimizer
for Windows

The DecisionTools Suite

Intel and the Intel logo are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

Sign Up for the Palisade Risk
Conference Las Vegas

Join leaders from CH2M Hill, Intel, Anglo American,
Blue Cross, and More!

Mandalay Bay Resort and Casino, November 20-21, 2013
Palisade continues the eighth year of our Risk Conference Series with the 2-day event in Las Vegas. Having grown to be one of the largest conferences of its type, the Palisade Risk Conference is truly a “must attend” event for professionals dealing with risk in any industry. We will again offer four tracks of learning over two days, plus the chance to set up individual free Expert Sessions with our consultants to review your own risk models.

Industry experts will present a selection of real-world case studies about innovative approaches to managing risk and uncertainty in a wide range of business applications. Here’s just a sample:

  • CH2M Hill – Construction and project management
  • SMA Consulting – Cost and schedule risk in infrastructure
  • Primera Blue Cross – Health insurance risk
  • Intel – New ventures risk
  • Anglo American – Mining and resource extraction

The event will also include practical software workshops and training classes presented by Palisade trainers, consultants, and software engineers. We’ll explore exciting new features in @RISK and DecisionTools Suite software that make risk modeling and analysis more accessible – and powerful – than ever.

“Great conference and very useful for a new user like myself. This saved me a lot of time in climbing the learning curve.”
          - Jeff Passmore, Senior Liability Strategist
            Standish/BNY Mellon

“We saw and discussed methods that directly apply to our problems, and learned to build upon them to come up with solutions.”
          - Michael Watson, PMP, Senior Staff
            Integrated Planning, Lockheed Martin

 » Register for only $395 – ask about volume discounts!
 » View the conference schedule
 » Quantify the value of attendance for your company
Book your room at Mandalay Bay for only $149. CALL 877-632-9001 and mention the Palisade Conference November 2013. Limited rooms available. 
More information

More Palisade Risk Conferences
Palisade just held successful Risk Conferences in Brisbane and Perth, Australia last month, and in Istanbul, Turkey this month. Attracting nearly 200 cost estimators, project managers, finance experts, and more, the events continue to educate decision-makers around the world. Other Palisade Risk Conferences coming up include:

Moscow - October 14
Paris - November 12
Milan - November 14

 » 2013 Palisade Risk Conference Series

Palisade Featured in Quality Magazine
In August, Quality Magazine ran a feature on the use of Monte Carlo simulation to improve manufacturing processes. The author discusses the use of @RISK for Six Sigma and other process improvement applications.

 » Read the full article here
 » More from Quality Magazine

Case Study
Using @RISK to Improve
Wind Power Efficiency

A Carbon Brainprint Case Study from Cranfield University
Analysis: David Parsons and Julia Chatterton
School of Applied Sciences, Cranfield University

Case study experts: Professor Feargal Brennan and Dr Athanasios Kolios School of Engineering, Cranfield University

As part of the transition to a ‘low carbon economy,’ renewable technologies are expected to play an increasing role in reducing dependence on fossil fuels for energy and electricity. Wind power in particular is likely to become a much larger contributor to the UK’s energy mix. The current dominant design for large, grid-connected wind turbines is a three blade rotor with a horizontal rotating axis. The concept of a vertical axis wind turbine (VAWT) is relatively new, but has several advantages over horizontal axis alternatives. It is able to capture the wind from any direction, and the vertical axis is such that the rotor equipment is located at base level, making it is simpler and less costly to install and maintain.

This case study used @RISK to considered the potential reduction in greenhouse gases (GHGs) that could be achieved through the installation of a type of vertical axis wind turbines, in comparison to conventional horizontal axis wind turbines (HAWTs) for offshore power generation.

 » Read the full case study

Product Spotlight
Measuring Hydropower
Performance with @RISK

From Chapter 8 of Energy Risk Modeling
by Roy Nersesian, published by Palisade

Hydropower is similar to solar and wind where energy to generate electricity is renewable and free. However, hydropower contributes much more in satisfying global energy needs than other renewables. Hydropower has a number of variables that affect performance to satisfy desired power output such as rainfall in the reservoir basin, reservoir capacity, water consumption for different power outputs that depends on water height above the intake, and losses from evaporation and bottom leakage. @RISK can be used to simulate the performance of a plant under different conditions.

This is a classic inventory situation, but with two twists. The first twist is that inventory is water in a reservoir, not boxes in a warehouse. The end-of-month reservoir level or inventory is the start-of-month’s inventory for the following month plus additions to inventory from rainfall less deductions from inventory by the outflow of water to generate electricity and from evaporation and leakage. The second twist is that a same desired electricity output consumes different quantities of water depending on the depth of water in the reservoir. @RISK can identify likely shortages of electricity supply based on demand, rainfall, and other factors.

 » Download the full model and description
 » Order Energy Risk Modeling by Roy Nersesian

Energy Risk Modeling as a Teaching Tool, and Overview of Book
Presented by Roy Nersesian
Monmouth University and Columbia University
   19 September - 11am EDT (Eastern Daylight Time)

Register Now

Introduction a l’analyse des Risques et décisions
avec @RISK et DécisionTools Suite (en français)

Présenté par Manuel Carmona
   24 septembre, 10h, heure d'été

   » Inscrivez-vous maintenant

Introduction to Risk Analysis using
@RISK and the DecisionTools Suite

Presented by Palisade
   26 September - 9am GMT (Greenwich Mean Time)
  » Register Now
   28 November - 10am GMT (Greenwich Mean Time)   » Register Now

Introduction to Monte Carlo Simulation for
Project Schedule Risk Analysis using @RISK

Presented by Andrew Sich
   8 October, 1pm, EDT (Eastern Daylight Time)

   » Register Now

Einführung zur Risiko- & Entscheidungsanalyse mit
@RISK und der DecisionTools Suite (auf Deutsch)

Präsentiert von: Sascha Stange
   15. Oktober 2013 10:00 Uhr (Berlin)

   » Jetzt registrieren

Introducción al análisis de riesgo y decisión con
@RISK y DecisiónTools Suite (en español)

Presentado por: Manuel Carmona
   29 de octubre - 10:00 (CET)

   » Regístrate ahora

Introduction to Risk Registers using @RISK
Presented by: Doug Oldfield
   31 October - 10am (GMT)

   » Register Now

» See complete Webcast schedule


The Global Leader in Risk
and Decision Analysis

Palisade is the world’s leading provider of risk and decision analysis software and solutions. Founded in 1984, its products @RISK and the DecisionTools Suite are used by over 95% of the Fortune 100, in nearly every industry around the world. Palisade is headquartered in New York State, and has offices in London, Sydney, Rio de Janeiro, and Tokyo.


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