RiskEase

RiskEase is a risk analysis software designed specifically for Microsoft Excel™ spreadsheets. According to the vendor, it is a versatile tool suitable for small to large companies across various industries. Financial analysts, project managers, business planners, economists, and investment appraisers are among the professionals who can benefit from the features offered by RiskEase.

Key Features

Easy to use interface: According to the vendor, RiskEase provides a user-friendly point-and-click interface, facilitating ease of navigation and operation.

Complete sensitivity analysis module: RiskEase offers a comprehensive sensitivity analysis module, allowing users to understand the impact of variable changes on risk assessments.

Flexible probability distribution editing: RiskEase provides a user interface that enables users to edit probability distributions in real-time, with options to bend, truncate, and apply correlation conditions for generating realistic scenarios.

Probability distribution fitting: According to the vendor, RiskEase allows users to fit probability distributions to their own data, enhancing the accuracy of their risk analysis.

Probability distribution library: RiskEase includes a built-in library of probability distributions, offering users a range of options to choose from.

Optimization within simulation: RiskEase enables users to optimize simulations, helping them find the best possible outcomes based on their risk assessments.

Enhanced analysis module: RiskEase features an enhanced analysis module that allows users to compare multiple simulation results, providing deeper insights into project outcomes.

Real options analysis: According to the vendor, RiskEase can be used in "real options" situations, where users can assess the value of flexibility and the benefits of making decisions at different points in time.

Built-in report generator: RiskEase includes a built-in report generator, enabling users to generate professional reports that present risk analysis findings clearly and concisely.