Gladwin's take on the best software for doing Monte Carlo correctly

There are several software packages that currently fall into two groups: risk analysis and risk management.

Risk management software includes and - concerned mostly with capturing and controlling risks.

Risk analysis software such as , , and are focused on the analysis of cost or time impacts of the identified risks.

There is currently a movement towards more integrated approaches, packages which purport to manage as well as analyse. My experience to date is that those packages which are stepping out of their 鈥榗ore鈥� area of management or analysis are not doing the other very well.

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