New in @Risk

What's new in @Risk 5.7

  • 64-bit Compatibility - New Excel 2010 offers both 32-bit and 64-bit versions for the first time. 64-bit Excel provides much greater capacity for large models. @RISK and all DecisionTools Suite products are now fully compatible with 64-bit technology for maximum processing power and capacity.
  • Chinese Translation - @RISK and all DecisionTools Suite products have been fully translated into Chinese. All dialogs, menus, documentation, examples and tutorials have been carefully translated. You can switch language settings from within any DecisionTools program, even if you do not have administrator rights.
  • Improved License Management - You can now deactivate and activate licenses without having to launch @RISK or DecisionTools Suite itself. In addition, you can activate/deactivate licenses via remote access to your computer. Within the software, a new Move License option under the Help menu improves the process of transferring a license from one computer to another.

New in @RISK 5.5.1

  • Simulation of Password Protected Sheets - @RISK now allows you to simulate worksheets that have been password protected in Excel. No longer do you need to unprotect your sheets to perform risk analysis, saving you valuable time.
  • @RISK and RISKOptimizer Merged Ribbon - Because RISKOptimizer is often used to optimize @RISK models, the buttons for RISKOptimizer have been added to the main @RISK ribbon bar in Excel for greater ease of use.
  • New @RISK VBA Control Methods - The new RiskResultsGraph method of the RiskSimResultsCollection object allows you to make graphs with the same syntax as the RiskResultsGraph Excel function.

New in @RISK 5.5

Building on the worldwide success of @RISK 5.0 Palisade is pleased to announce the version 5.5 release of this best-selling risk analysis tool. @RISK 5.5 brings a range of new features including new functions, graphs, interface improvements, simulation archiving and more. In addition, @RISK 5.5 has been translated into Spanish, Portuguese, German, French, and Japanese.

Current @RISK 5.0 users will benefit from faster simulations — 2x to a remarkable 20x times faster than before — as well as new scatter plots from scenario analyses, a freehand distribution artist, and an Excel-style Insert Function dialog and graphs. @RISK 5.5 brings a range of new features to improve your analysis, save time, and encourage systematic adoption of risk analysis across your organization.

Features

Benefits
Significant simulation speedup Models run up to 20 times faster than version 5.0.
Multi-core processor and multiple CPU supportin all editions Simulations are split over multiple processors, saving time
Interface improvements in Define Distribution window, Sensitivity and Scenario windows, and @RISK Library Perform common tasks more quickly, with fewer steps
Translated Versions @RISK 5.5 and RISKOptimizer have been fully translated into Spanish, Portuguese, German, French, and Japanese. for users worldwide.
Insert Function command Quickly add any @RISK function using Excel's standard function dialog. Define favorites in a quick-access menu and display input distribution graphs.
Improvements to Define Distribution window New tabbed browsing, Favorites tab, and overlay palette make defining distributions easier.
Distribution Artist Use the mouse to draw your own custom freehand curves, histograms, or discrete probability graphs that can be used to create @RISK distributions. Histogram bars and general curves may be adjusted after drawing, and may be fitted to probability distributions. This is useful for graphically assessing probabilities and then creating probability distributions from the graph.
Simulation results in Library can be resampled in subsequent distributions. Outputs from one analysis can be used as inputs for another, such as during portfolio optimization and multi-stage applications
Scenario Scatter Plots Identify critical factors leading to particular scenarios
Mixed density-cumulative graph Compare different ways of viewing possible outcomes
X-Y delimiters on scatter plots Shows probabilities of values falling in each of the four quadrants
Zoom utility on graphs Enlarge and focus on specific graph area
Date Enhancements US and international date formats are supported in distributions, data fitting, graphs, and results for improved time and scheduling models.
Fix or assign weights to correlation matrix elements Customize correlation of inputs much more accurately
RiskSplice function Combines two distributions into a single, new distribution
New Johnson distributions More flexibility defining uncertainty
New @RISK XDK Control Methods Addition to @RISK VBA allow control of advanced analyses, function swap, and more.
Other new spreadsheet functions Correlation functions provide desired correlation data, and RiskIsDate property function controls date formatting