Nashville - November 15-16 - Register Now

Join us next month for our biggest event of the year, in Nashville!

Three tracks of software training and industry case studies across 2 days – an invaluable opportunity for broadening knowledge of risk modelling, and networking with decision-making professionals in a range of industries.

Plus, take the opportunity to discuss your model or project with one of Palisade's experts in a one-on-one Expert Session. 

Benefits of Palisade Risk Conferences:

• Get more from @RISK and the DecisionTools Suite – Get exposure to the latest techniques in risk and decision analysis so you can apply them to your own models.  
• Learn from experts – Sessions are taught by Palisade's consultants and trainers and industry pros.  
• Networking opportunities – Share ideas and speak with presenters, other attendees, and Palisade staff to gain valuable insight from many backgrounds

PrecisionTree and @RISK, both part of the DecisionTools Suite, work together seamlessly. PrecisionTree represents chance events and payoffs with discrete values or probabilities. When combined with @RISK, @RISK enhances the analysis by representing continuous ranges of outcomes for chance events and payoffs, giving you a more realistic picture of possible outcomes. This webinar is an introduction to decision trees in PrecisionTree along with probabilistic analysis using Monte Carlo simulation in @RISK, to demonstrate how these two programs can be applied to your everyday business analyses within Microsoft Excel.

=IF can be an effective way to choose your distributions. However, depending on how many iterations you choose, the number of distributions being used, and what the rest of your model looks like, =IF may not offer the most efficient or straightforward results.

A better approach would be to move your logic into a macro, where it is executed only once. To learn more about Alternatives to Picking Distributions and to see an example, follow the link below to Palisade's Knowledge Base.

Our worldwide Palisade Regional Training courses are professional public courses designed to teach you how to apply @RISK and the DecisionTools Suite to real-life problems. The training is hands-on, and includes course notes and example files. Palisade Regional Training courses have been accredited by a number of industry groups, enabling professionals in those industries to earn continuing education credits. Lunch and breaks are also provided, giving you a great opportunity to network with other professionals interested in risk analysis.

2017 locations include Rome, Moscow, Munich, Melbourne, Brisbane, Washington DC, Seattle, Calgary, and more.