Palisade Decision Tools (@Risk)

Decision Tools is a set of Microsoft Excel add-ins for risk and decision analysis. It includes @Risk, StatTools, PrecisionTree, TopRank and other Excel add-ins. 

The McCombs School of Business has licensed the software from Palisade for students to use, free of charge. You will need to first have Microsoft Office (which you can install through UT Austin for free) if you are installing DecisionTools. To do that, go to office365.austin.utexas.edu and select "Office 365 Portal". Once signed in, click "Install and more" and "Install Microsoft 365 Apps". 

Once the app is installed, you will see the tools (for example, RISK) appear as desktop shortcuts. Please run the apps you need from these shortcuts. They will open Excel themselves with the add-ins loaded in. (You will not be able to open them directly from Excel). 


Available on campus:

• Computers available to check out from McCombs Media Services (3.132). 
• DecisionTools is one of the applications available on the StatApps terminal server maintained by the Department of Statistics and Data Sciences. For more information about connecting to this server, please see our wiki page at https://utexas.atlassian.net/wiki/display/MSBTech/Configuring+a+Remote+Desktop+Connection+for+the+Stat+Apps+Server.|

Download to your computer: 
You can download DecisionTools to any Windows computer. If you have a Mac, you can install a Windows virtual machine (Instructions: VMWare Installation Instructions for Macs).

1. First, visit https://utexas.box.com/v/dtsinstaller (you will be prompted to login with your EID). Download the file.
2. You may get a warning that the file cannot be downloaded. Your browser should have an option to keep the file. 
   On Edge, click the three dots and "Keep". Click "Show more", and "Keep Anyway".
    
   
   
3. Once you've downloaded the installer, you can run the installer. You may again get a warning. Click "More info" and then "Run anyway".