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 |