Software package Decision Tools Suite Industrial @Risk
Equipment model
5.7
Made in
USA
Use for
@RISK employs Monte Carlo method to extend the space of solutions yielded by programme in Microsoft Excel, with respect to the expected violations of parameter values. @RISK calculates the probability of solutions for various probabilistic distributions of a selected parameter. It makes possible the assessment, elimination or mitigation of investment risk and related consequences.
The tool is designated predominatly for the risk assessment of various investment projects as well as for the sensitivity analysis of various input factors. DecisionTools Suite includes the StatTools module designated for the statistical data anlysis and prediction purposes. RISKOptimizer module performs risk optimisation. Being linked to Microsoft Excel, all these software tools support the decision maker in the evaluation of reasonableness and rationality of the chosen solution.
Technical parameters
The software package consists of the main program and 6 additional modules:
