The DecisionTools Suite is an integrated set of risk analysis and decision-making programs. Originally developed by Palisade Corporation (which rebranded as and is now part of Lumivero ), this software is built to run directly inside Microsoft Excel.
During installation, you'll have two choices: select the 15-day trial option to begin using the software immediately, or enter an activation ID if you've purchased a license. The trial version includes all features of the full product, making it an excellent way to evaluate whether the suite meets your specific needs before making any purchase decision.
This guide explores the features of the Suite, how to access a free trial, and how to leverage its tools for professional risk analysis. What is the Palisade DecisionTools Suite? palisade decision tools suite free download
The flagship product of the suite. @RISK replaces uncertain values in your Excel spreadsheet with probability distributions. It then runs thousands of simulations to show you what could happen, how likely it is to happen, and where your biggest risks lie. 2. PrecisionTree (Decision Trees)
– The market-leading risk analysis tool that adds Monte Carlo simulation capabilities to Excel. It allows users to analyze uncertainty in any spreadsheet model and presents results through presentation-quality graphs and charts. The DecisionTools Suite is an integrated set of
Hundreds of universities worldwide have negotiated site licenses with Palisade, allowing their students and faculty to access the DecisionTools Suite completely free of charge. The University of Texas at Austin's McCombs School of Business is one such institution—their students can download the software at no cost.
For students and researchers, Lumivero sometimes offers special which are heavily discounted compared to corporate versions. Always check the official website for educational pricing. Key Considerations Before Downloading The trial version includes all features of the
The versatility of the Palisade DecisionTools Suite makes it invaluable across a massive range of sectors:
You must provide business or academic contact information to request the download. 2. Student & Academic Versions
The software provider will email you a secure download link containing the installation executable (.exe) file.