Palisade
185 Case Studies
A Palisade Case Study
Szigma Szervíz Ltd, a Hungarian integrated risk-management firm working with a manufacturing customer, faced significant schedule risk from planned factory maintenance that requires production shutdowns and threatened up to €5M in lost profit. To quantify and manage these risks, Szigma Szervíz Ltd applied its Szigma IntegRisk® method using Microsoft Project 2013 together with Palisade’s @RISK.
Using Palisade’s @RISK, Szigma Szervíz Ltd ran scenario analysis, lognormal-distribution Monte Carlo simulations and Tornado diagrams to identify critical risk events and define targeted mitigation actions. The analysis showed the mean critical-path length rising from 26 to ~30.26 days (≈4-day delay), which would translate to HUF 1.375 Bn (≈€5M) lost profit before tax if unmanaged, and demonstrated that applying Palisade’s @RISK with Szigma IntegRisk® enables focused treatments to meet the original deadline and avoid that loss.