Risk 7

@RISK Is a package of modeling and analysis of tasks with the presence of a risk factor, support for making managerial decisions and optimizing project management. The @RISK program can work both independently and within traditional spreadsheet tools (in the form of Microsoft Excel macros or Lotus modules).
@RISK Is an extremely popular and powerful add-on to Microsoft Excell for Monte Carlo simulation.
Main functionality:

• The @RISK program will allow you to analyze a wide variety of processes and phenomena whose models are described in the context of spreadsheets and whose uncertainty is characterized by a set of variables that take some random values ​​distributed according to a predetermined law.
• The result of modeling tasks using @ RISK is the range of values ​​in which the results can be found, as well as the frequency of occurrence of each possible result value.
• The program will automatically simulate the Monte Carlo method based on the output of the model and offer a wide range of tools for analyzing and graphically reflecting the results. The results can be presented in the form of tables, histograms and graphs of the corresponding distribution functions.
• The presence of an uncertainty factor and the ability to work with approximate, "fuzzy" values ​​makes @RISK an extremely attractive tool for assessing situations in various areas of business activity, allowing a fresh look at the traditional areas of application of table processors.
  The @RISK program is released in three different editions: Standard, Professional and Industrial.

New in Risk 6:

• Compatibility with 32- and 64-bit versions of Excel and Office 2013, as well as Windows 8;
• Added support for several languages ​​(Russian, Spanish, Portuguese, French, German, Japanese and Chinese);
• A new calculation mechanism for Microsoft Project schedules, which are simulated many times faster;
• Microsoft Project schedules are integrated into the @RISK platform for Excel, allowing the user to now perform risk analysis and Monte Carlo simulations for schedules using the more flexible @ RISK interface for Excel;
• Added simple to interpret Tornado diagrams to identify sources of risk;
• Improved parameters of diagrams and selection of distributions;
• New distribution functions are implemented;
• In the Industrial for Excel version, a faster mechanism for finding OptQuest solutions for RISKOptimizer is presented and modeling is added for forecasting time series.