Intro to Risk Analysis with Monte Carlo Simulation Using @RISK: Cost Risk

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Presented by

Rafael Hartke, CEO of Imagine Risks and Analytics

About this talk

This webinar presents an introduction on using Monte Carlo Simulation to perform Quantitative Risk Analysis. We'll present a practical example of Cost Estimation, including a Risk Matrix, to show how you can quantify risks to improve your budgets and forecasts with the use of probabilistic analysis.

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Palisade Company is the world’s leading provider of risk and decision analysis software solutions for science and industry. Our array of software products and custom services enhance the management experience by combining the latest in cutting-edge technology with over 35 years of analytics experience. Palisade’s unified software platform helps clients increase margins, improve performance, expand market share, and maximize operational efficiencies. We have a very simple mission: to minimize risk while maximizing potential.