- Windows
- Office Tools
- Document management
- Palisade Decision Tools
Palisade Decision Tools
Description
Palisade Decision Tools is an integrated set of powerful office tools designed for performing risk analysis and decision making under uncertainty within Microsoft Excel. Developed by Palisade Corporation, the latest version of this software suite is 5.5 and it falls under the document management subcategory.
This software suite includes multiple specialized programs, such as @RISK for Monte Carlo simulation, PrecisionTree for decision trees, and TopRank for “what if” sensitivity analysis. Users can easily download the installation files, specifically DTools55Ind.exe, NeuralTools.exe, and StatTools.exe, to get started with this robust toolset.
The program developer, Palisade Corporation, has ensured that this toolset is compatible with a range of operating systems, including Windows XP, 7, 10, and 11. While the current version is 5.5, users can find other versions of this program too, should they need them. Categorized under Office Tools, this software suite provides extensive features and unrivaled performance in document management and risk analysis.
Pros:
- Comprehensive set of tools for risk analysis and decision making.
- Seamless integration with Microsoft Excel.
- Broad compatibility with multiple supported OS versions.
- Ability to perform complex analyses such as Monte Carlo simulations and sensitivity analyses.
Cons:
- As an office tool, it might have a steeper learning curve for users unfamiliar with such advanced analytical methods.
- The software suite, being specialized, may require a powerful system setup for optimal performance.
Overall, Palisade Decision Tools offers a robust solution for business professionals and analysts needing in-depth tools for making decisions under uncertainty. The option to download and use this toolset for free evaluations makes it highly accessible.
It is not possible to confirm if there is a free download for this software available on the developer's website. We recommend checking the downloaded files with any free antivirus.
You may want to check out more software, such as DecisionTools Suite Industrial for Excel, DecisionTools Suite or Analytica from Lumina Decision Systems Inc., which might be similar to Palisade Decision Tools.
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