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Analytica by Lumina

Day: July 15, 2013

Risk analysis in project management

The first challenge in understanding risk analysis in project management is to nail the definition of risk analysis. International standards like ISO 31000 notwithstanding, …

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      The free edition of Analytica includes these key Analytica features:
      • intuitive visual modeling with influence diagrams
      • the convenience and power of Intelligent Arrays
      • managing risk and uncertainty with fast Monte Carlo
      • sharing models on the web with the Analytica Cloud Platform (ACP)
      Free Analytica has no time limit. The only constraint is it won’t let you create more than 100 variables or other objects. But your model can be quite substantial since each variable can be a multidimensional array. It also lets you explore, change inputs, and run existing models of any size (excluding features unique to the Enterprise or Optimizer editions).
      • Analytica runs on any Windows computer, or on a Macintosh using Parallels or VMWare. ACP runs via any web browser.