Statistics and data analysis
@Risk
@Risk is an Excel add-in for Monte Carlo simulation and risk analysis, quantifying uncertainty in decisions and models.
- Manufacturer
- Lumivero
- Category
- Statistics and data analysis
- Type
- Monte Carlo simulation
- Price
- on request
About @Risk
@Risk extends Excel with Monte Carlo simulation methods: instead of calculating with single, fixed input values, the software lets model parameters vary within defined probability distributions and runs a large number of simulation trials based on them. The result is not a single figure but a range of possible outcomes together with their probabilities.
Such a tool is typically used where decisions depend on uncertain quantities – for example in cost and budget planning, investment appraisal, project scheduling, or the assessment of technical and financial risks. For institutions planning larger projects or calculating funding requirements, a robust assessment of uncertainty can form part of the decision-making basis.
Because @Risk works as an add-in directly inside Excel, it stays close to existing spreadsheet models, setting it apart from standalone statistics or optimisation programs that bring their own modelling environments. It adds a risk perspective to existing Excel models without requiring the underlying calculation to be rebuilt.
Frequently asked questions
- How do we get a quotation for @Risk?
- You describe your requirement to us informally; we clarify any open questions and then provide a written quotation — against a purchase order, by invoice, with a named contact.
- What does @Risk cost?
- The price depends on the licence type and scope and is determined individually for your institution; we state it in the quotation.
- What is @Risk typically used for?
- @Risk is an Excel add-in for Monte Carlo simulation and risk analysis, quantifying uncertainty in decisions and models.
Prices on request: we review your requirement and provide a written quotation against a purchase order and by invoice. Product details follow the manufacturer catalogue we recorded · manufacturer information.