Multinational Defense Contractor QinetiQ uses @RISK to Evaluate New Technology
 
 

Multinational Defense Contractor QinetiQ
uses @RISK to Evaluate New Technology

 
 

A client contacted QinetiQ’s Advisory Services team to assess an emerging technology known as wireless power transfer (WPT), which involves wireless transmission of electrical energy across an air gap without connectors or wires.

QinetiQ is a British multinational defense technology company headquartered in Hampshire, England, and one of the world’s largest defense contractors.

QinetiQ’s technical team were tasked with considering:

  • Is wireless power transfer feasible?
  • How long would it take to develop?
  • What will it cost?

To address these questions, the QinetiQ team used @RISK to analyze the combined cost and schedule uncertainty and risk impact, enabling them to provide the client with an indication of the range out outcomes for the delivery date, along with potential funding requirements.

Dale Shermon of QinetiQ reports: "Risk analysis software @RISK enabled our subject matter experts to provide the client with an indication of the range of outcomes for the delivery date and the potential funding requirements."

 
 
Read the Case Study
 
 
 
 

Forecasting Multiple Currencies

ON-DEMAND WEBINAR
Forecasting Multiple Currencies using @RISK's Time Series Analysis Tool

 

Portfolio Optimization in Excel with Monte Carlo Simulation

 

Using @RISK’s tool for time series analysis, a multi-currency portfolio can be used to adequately forecast the probabilistic pathways of correlated currencies into the near future. This tool can be used for short-term financial planning such as applying hedging strategies. The time series analysis tool can also be modified to test for extreme cases; in other words, sensitizing future currency forecasts under extreme market situations. This is called stress analysis.

 
Watch the Webinar
   
 
 
 

EXAMPLE MODEL
Simulation of Hydroelectric Power Generation for a 120-month Horizon

Minimum edition: @RISK 6.0 Industrial. This model illustrates one possible simulation of hydroelectric power generation for a 120-month horizon. There are three sources of uncertainty: monthly desired power (as a percentage of the maximum possible output), monthly rainfall, and monthly evaporation. This model is based on Roy L. Nersesian's book Energy Risk Modeling.

» Download This Example Model

» See More Example Models

 
 
 

@RISK TIPS & TRICKS
Opening a Second Instance of Excel


It is possible to run a second copy of Microsoft Excel while @RISK or another Palisade product is running in the first copy.

It is important to open a second instance of Excel rather than open another workbook in Excel. If you open a second workbook, the existing copy of Excel opens it, so you have one copy of Excel running and there's only one Excel line in Task Manager. You can have multiple workbooks open when running Palisade software, but don't switch workbooks while a simulation or other analysis is running.

By contrast, when you open a second instance, Windows loads a fresh second copy of Excel, and Task Manager shows two Excel lines.

» See a more detailed explanation

» Palisade Knowledge Base

 
 
 

EnewsLiveWebinar120.png

 
Live Webinars
Attend an hour-long event to learn how Palisade software works, and ask questions. See the schedule here.

On-Demand Webinars

 
On-Demand Webinars
Watch a variety of Palisade webinars at your convenience. View a complete listing of on-demand webinars.
 
The DecisionTools Suite
 

Contact Details

 

Palisade Corporation

130 East Seneca St., Suite 505, Ithaca, NY 14850 USA


sales@palisade.com

www.palisade.com

About Us

 

Palisade Corporation 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.

More About Palisade

Facebook Youtube LinkedIn
 
This email was sent to lbohanan@palisade.com. Click here to update your subscription preferences.