RiskAMP is described as 'Full-featured Monte Carlo Simulation Engine for Microsoft Excel' and is an app. There are more than 10 alternatives to RiskAMP for Windows, Microsoft Excel, Web-based, Mac and Linux. The best RiskAMP alternative is SimulAr, which is free. Other great apps like RiskAMP are Excel add-on Invantive Control, Spry Simulation, Comply Global and Simple Decision Tree.
Risk Solver provides Instant, interactive risk analysis in Excel, with lightning-fast simulations run each time you change a number. Charts update instantly, showing a new distribution of outcomes for each change - and new insights for you.
Oracle Crystal Ball is the leading spreadsheet-based application suite for predictive modeling, forecasting, simulation, and optimization. It gives you unparalleled insight into the critical factors affecting risk.
Open-source Monte Carlo simulation add-in integrates with Excel, emphasizing simplicity and accessibility for beginners, supports stochastic modeling, requires no admin privileges, and is ideal for classroom use or basic simulation tasks without advanced setup.
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