- Windows
- Office Tools
- Document management
- Risk Simulator
Risk Simulator
Screenshots
Description
The add-on for Microsoft Excel enhances its analytical capabilities. It incorporates the simulation, forecasting, statistical analysis, and optimization tools. The extension accesses the content of opened spreadsheets and applies selected algorithms for obtaining results.
If searching for a powerful tool to enhance Excel spreadsheet models, Risk Simulator version 10.0 stands out as a remarkable option. Developed by Real Options Valuation, Inc., this software transforms Excel into a robust platform for simulation, forecasting, statistical analysis, and optimization. This Office Tools software falls under the Document Management subcategory and provides users with an intuitive experience right out of the box.
Available as a Shareware license, Risk Simulator opens up a realm of possibilities with its straightforward interface. Running a risk simulation is streamlined to be as simple as setting an input, setting an output, and hitting run. The key program files such as DistributionDesigner.exe, RiskSim.exe, SwitchRS.exe, and Troubleshooter.exe are designed to seamlessly integrate with various versions of Windows, including XP, Vista, 7, 8, 10, and 11.
Users will find it beneficial that the tool supports not only the latest version 10.0 but also previous versions 9.2 and 9.0, allowing flexibility in upgrading or continuing with an older version if needed. Its reputation for being extremely easy to use ensures that even beginners can navigate through the functionalities without much hassle.
Given its strengths, here are some pros and cons of the Risk Simulator:
Pros:
- Highly integrates with Excel for simulation, forecasting, statistical analysis, and optimization.
- User-friendly interface making complex simulations as simple as 1-2-3.
- Supports multiple Windows versions, ensuring wide compatibility.
- Flexibility to use previous versions alongside the latest release.
Cons:
- As a Shareware program, it may require purchase after the trial period.
- Being an add-in, it might be dependent on Excel's performance and limitations.
For those in need of such a versatile tool, Risk Simulator is available for download with some features accessible for free during a trial period, making it worth a try for anyone looking to enhance their Excel capabilities.
You may want to check out more software, such as Gas Man Anesthesia Simulator, Robot Simulator or Mars Simulation Project, which might be similar to Risk Simulator.
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