ModelRisk

ModelRisk

Vose Software
BidVariance ModelRisk

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BidVariance:

About

BidVariance is browser-based Monte Carlo estimating software for consultants, agencies, engineering teams and specialist contractors pricing fixed-price work. Users build task-based models from optimistic, likely and pessimistic duration and cost estimates, connect task dependencies, and add probabilistic risks. The simulation engine samples thousands of outcomes and reports cost and schedule ranges, P50/P80/P90 results, loss and target-margin probabilities, deadline confidence, and the assumptions that drive variation. Users can test alternative scenarios on Business and Consultant licenses, calculate confidence-based quotes, export project data, and create printable decision reports. Project models stay in local browser storage; online license verification is required for the full workspace. Free standalone bid calculators are available without an account, while the multi-task simulation app requires a one-time license.
ModelRisk:

About

ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face. A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. In the same way that Excel is used for many different types of analysis, ModelRisk is used to assess the uncertainty in the numbers produced by the Excel model. Users have performed risks analyses with ModelRisk in a vast range of fields.
BidVariance:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
ModelRisk:

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
BidVariance:

Audience

Estimators, project managers, contractors and freelancers pricing fixed-price jobs
ModelRisk:

Audience

Risk Management platform for organizations seeking a solution to manage their operations
BidVariance:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
ModelRisk:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
BidVariance:

API

Offers API Not Supported
ModelRisk:

API

Offers API Not Supported
BidVariance:

Screenshots and Videos

No images available
ModelRisk:

Screenshots and Videos

BidVariance:

Pricing

$129 one-time
Pro is $129 one-time for one user; Business is $249 one-time for up to five internal users in one legal entity; Consultant is $399 one-time for a consultant or consultancy analyzing client projects. Licenses are perpetual and include free minor updates; there is no subscription.
Free Version Supported
Free Trial Not Supported
ModelRisk:

Pricing

No information available.
Free Version Not Supported
Free Trial Supported
BidVariance:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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ModelRisk:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
BidVariance:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
ModelRisk:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
BidVariance:

Company Information

BidVariance
Turkey
bidvariance.com
ModelRisk:

Company Information

Vose Software
Belgium
www.vosesoftware.com/products/modelrisk/
BidVariance:

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BidVariance:

Categories

ModelRisk:

Categories

ModelRisk:

Risk Management Features

Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Not Supported
Exceptions Management Not Supported
Internal Controls Management Not Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Not Supported
Risk Assessment Supported
BidVariance:

Integrations

No info available.
ModelRisk:

Integrations

No info available.
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