Skip to content

Risk & uncertainty

From its inception, Analytica was designed to analyze risk and uncertainty — unlike spreadsheet applications which require special add-ins. Analytica’s fully integrated features for sensitivity analysis, scenario analysis and Monte Carlo simulation make it remarkably simple to treat risk and uncertainty in your models. Here are some examples of how organizations are using these methods.

What everyone should know about risk assessment

What is the minimum amount of knowledge that professionals should have about risk assessment, given the vast size of this field? Risk affects reputations, safety, profitability ...

How a good model could save your organization

Sometimes it’s one big thing that sinks a company. Gerald Ratner, former chief executive of the British Ratners Group, a leading jewelry company, came close. With one speech, ...

Estimating risk: the importance of scenario analysis

Learn the importance of scenario analysis in estimating risk. Discover strategies to improve risk assessment and decision-making with expert insights.

Improving your quantitative data with expert elicitation

Don’t have enough hard data to make a decision? Then have people vote on it. But not just any people – get the experts to vote on the matter and do it in a way that still allows ...

Strategic risk management

What lies behind those three words – Strategic Risk Management? It’s a question worth asking because a) SRM is a relatively new field, and b) there is still confusion between ...

The basics of risk analysis in the enterprise

Risky business – bad news? Not necessarily. While the word risk has a negative connotation for some, it’s a source of business opportunity for others. Good risk analysis ...

The role of sensitivity analysis in energy & environmental modeling

Energy and environmental models are often complex. Sensitivity analysis is a natural choice to improve understanding of such models and to see which input parameters have ...

Operational risk scenario analysis & the bullwhip effect

If you’ve ever experienced a small change at the retailing end of a supply chain that provokes massive turbulence upstream, there’s a good chance you’ve suffered the bullwhip ...

Some Analytica customers

Download Free Analytica


    We hate spam as much as you. We won't share your email with third parties.
    The free edition of Analytica includes these key Analytica features:
    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).