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  DecisionTools Suite 6.2    

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What is this Product?

You make difficult decisions every day–decisions based on a thorough analysis of the alternatives and the available data. But what if the alternatives are uncertain and ill-defined? Or the data is sketchy or doesn’t exist? Every day analysts, engineers, and managers around the world rely on the DecisionTools Suite to help them solve problems, uncover opportunities, and make better decisions.

The Complete Risk and Decision Analysis Toolkit
Wouldn’t you like to know the chances of making money on your next venture? Or which of many decision options is most likely to yield the best payoff? How about the best sequential drilling strategy? Or how much to invest in various projects in order to maximize the return on your project portfolio? 

Everyone would like answers to these types of questions. Armed with that kind of information, you could take a lot of guesswork out of big decisions and plan strategies with confidence. With the DecisionTools Suite, you can answer these questions and more – right in your Excel spreadsheet.

The DecisionTools Suite is an integrated set of programs for risk analysis and decision making under uncertainty that runs in Microsoft Excel. The DecisionTools Suite includes @RISK for Monte Carlo simulation, PrecisionTree for decision trees, and TopRank for “what if” sensitivity analysis. In addition, the DecisionTools Suite comes with StatTools for statistical analysis and forecasting, NeuralTools for predictive neural networks, and Evolver and RISKOptimizer for optimization. All programs work together better than ever before, and all integrate completely with Microsoft Excel for ease of use and maximum flexibility.


Buy Decision Tools in order to get benefits and Guarantee
New in DecisionTools Suite 6.2

New XDK Functionality and Documentation
@RISK, PrecisionTree, Evolver, StatTools, and NeuralTools offer an Excel Developer’s Kit (XDK), which allows you to automate and customize the tool within Excel using Excel’s built-in VBA programming language. The XDK for @RISK has been updated to include new functionality for the automation of @RISK graphs and simulation filters, as well as several additional improvements. For all products, the XDK now includes a new “Automation Guide” to help you get started quickly. In addition, new videos and example files have been added to all XDKs to help you use this powerful feature. See XDK videos.

Improved Simulation Startup Time for Project Models
The time required to initialize a simulation of models from Microsoft Project has been dramatically reduced for most cases. The improvement is most significant in models with many tasks.

Russian Translation
All products have also been translated into Russian. This is in addition to the other languages available for the DecisionTools Suite: Spanish, Portuguese, German, French, Chinese, Japanese, and English.



The DecisionTools Suite includes the following tools:

@RISK for risk analysis using Monte Carlo simulation.
@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel spreadsheet—and tells you how likely they are to occur. This means you can judge which risks to take and which ones to avoid.

PrecisionTree® for decision analysis with decision trees and influence diagrams.
PrecisionTree performs decision analysis in Microsoft Excel using decision trees and influence diagrams. Decision trees let you visually map out complex, multi-layered decisions in a sequential, organized manner. This helps you identify all possible alternatives and choose the best option.

TopRank® for automated “what if” sensitivity analysis.
TopRank performs automated “what if” sensitivity analysis on Microsoft Excel spreadsheets. You can define any output or “bottom line” cell or cells, and TopRank will automatically find and vary all input cells which affect your output. The end result is identification and ranking of all input factors which affect your bottom line.

NeuralTools® for predictive analysis using intelligent neural networks.
NeuralTools performs predictions in Microsoft Excel using sophisticated neural networks. NeuralTools imitates brain functions to “learn” patterns in your known data, and uses those patterns to make predictions from new, incomplete data. In addition, NeuralTools can automatically update predictions live when input data changes, saving time and enabling more robust analyses.

StatTools® for forecasting and advanced statistical analysis.
StatTools performs forecasting and statistical analysis in Microsoft Excel. It actually replaces Excel’s built-in statistics functions with its own, more robust and accurate functions. StatTools covers the most common statistical analyses, and even allows you to build your own custom statistical procedures.

Evolver™ for sophisticated optimization.
Evolver performs optimization in Microsoft Excel using genetic algorithms, linear programming, or the OptQuest solving methods. It is equally suited to finding the best solution to linear problems large and small, or to finding the best overall global solution to nonlinear, complex problems where other solvers fail. Evolver constantly tries new, different solutions to arrive at the best answer possible.

RISKOptimizer® combines optimization and Monte Carlo simulation for optimization under uncertainty.
RISKOptimizer uses genetic algorithms or OptQuest methods, along with Monte Carlo simulation, to solve optimization problems under uncertainty. Take any optimization problem and replace uncertain values with @RISK functions that represent ranges of possible values. RISKOptimizer will try different combinations of adjustable cells to achieve the goal you define, while running Monte Carlo simulations on each trial solution to account for inherent uncertainty. The result is the most robust, accurate solution possible.

…And more!

100% Excel

@RISK simulations are calculated 100% within Excel, supported by Palisade sampling and statistics proven in over twenty years of use. Palisade does not attempt to rewrite Excel in an external recalculator to gain speed. A single recalculation from an unsupported or poorly reproduced macro or function can dramatically change your results. Where will it occur, and when? Palisade harnesses the power of multiple CPUs and multi-core processors to give you the fastest calculations. Correct results—and fast—using @RISK and the DecisionTools Suite!

NOTE: For more information about this product, please take a look to the PDF of DecisionTools Suite Brochure.

DecisionTools Suite Industries & Applications

The DecisionTools Suite is used to analyze risk and uncertainty in a wide variety of industries. From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from The DecisionTools Suite.

  » Details
  » Case Studies
Retirement planning
Currency valuation
Real options analysis
Discounted Cash Flow analysis
Portfolio optimization
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Loss reserves estimation
Premium pricing
  » Details
  » Case Studies
Six Sigma and quality analysis
New product analysis
Production siting
Plant shutdown
Product life cycle analysis
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  » Case Studies
Six Sigma and quality analysis
Exploration and production
Oil reserves estimation
Capital project estimation
Regulation compliance
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  » Case Studies
New product analysis
R&D estimation
Disease infection estimation
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  » Case Studies
Endangered species preservation
Pollution cleanup and projections
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  » Case Studies
Resource allocation
War games
Welfare and budgetary projections
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Cost estimating
Highway planning and optimization
Supply chain distribution
DecisionTools Suite Features & Benefits
See all possible outcomes with Monte Carlo simulation Avoid pitfalls and identify opportunities in @RISK or PrecisionTree models
Map out decisions with decision trees and influence diagrams Identify and illustrate the best alternative
Works in Excel No need to learn new applications from scratch
Genetic algorithms and OptQuest optimization methods Solve complex, nonlinear problems involving uncertainty
Linear Programming solving methods Solve linear problems – both large and small – quickly and accurately
Sensitivity or What-If Analysis Identify the most important variables in @RISK or PrecisionTree models
Distribution viewing and fitting Accurate description of uncertainty
Presentation-quality graphs and reports Easily explain results and recommendations to others
Full integration between programs Easily install and migrate between component tools; apply analyses from one tool to another tool’s model for greater insight
Parallel processing Speed up large Monte Carlo simulations by using available CPUs within a single machine
Bundle pricing Save money compared to buying products separately
Technical Support

Personalized technical support is free with a current maintenance plan. Contact more details to

If you want 5 or more licenses, you will receive a special discount. Please contact to for more details.


You can download a 10 days FREE trial version to test if it will suit your needs.
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System Requirements
  • @RISK and DecisionTools Suite software is compatible with all 32-bit and 64-bit versions of Microsoft Windows XP-8, Excel 2003-2013, and Project 2003-2013.
    64-bit Compatible: 64-bit technology enables Excel and DecisionTools software to access much more computer memory than ever before. This allows for vastly larger models and greater computational power.

Palisade products not include shipment charges. When you buy this product using Model Advisor shopping cart, you will receive an e-mail indicating the procedures to pay the shipment charges. For more information please send an e-mail to

  • Shipping in the US and Canada is $10 for the first item, $5 for each additional.
  • International shipping is $50 for the first item, $10 for each additional.
Product Prices  
DecisionTools Suite Industrial 6.2 US$3,195.00 Buy Now

These prices are corresponding to the downloading version. The prices for products in CD are $50 higher.

WARNING, take into account that if you are not USA's resident, you should contact us to: in order to obtain a applicable quotation for you.

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