Benefits
Handling
complexity
Quantify the impacts of complex problems in a structured and efficient manner.
Providing
consistency
Reduce dependency on key individuals, avoid hunches/ego, and encode embedded knowledge.
Creating
insight
Value of information/control calculations create insights to make better decisions.
Psychological
comfort
Sleep well
at night
knowing you
have explored
the decision
fully.
Communication
Explain the
reasoning
behind the
decision,
allowing
others
contribute
their
alternative
views.
Advocacy
Justify the
reasonableness
of your
proposed
action .
Audit
Keep a
record of why
an alternative
was chosen,
and what
information
was
available at
the time of
making the
decision.
|
|
Features
Decision
Context
Analyse the
decision
context to
ensure you are
addressing the
right
decision.
Objective Criteria Capture
your values as an
objectives
hierarchy that
can be used to
compare
alternatives.
Alternatives
Specify the
consequences
of each
alternative
including
uncertain
events and
sequential
decisions
using Decision
Trees and
Influence
Diagrams.
Risk
Incorporate
your risk tolerance,
assign weights
to each
objective and
compare the
risk profiles
of the
alternatives.
Simulation and
Advanced
Modelling
Run Monte
Carlo
simulations on
continuous
probability
distributions,
correlate
uncertainties
and perform
regression
analysis on
historical
data.
Sensitivity
Analysis
Identify
the best
alternative
and check for
sensitivity to
change.
|
|
Next Steps...
-
View a
demo
below.
See how
Decision
Manager
can be
used for a
wide range
of
decision
problems.
-
Download
a trial.
Learn how
Decision
Manager
can be
used to
address
your
decision
problems.
-
Purchase
a license.
Do use
Decision
Manager to
solve your
decision
problems.
View a
Demo
Moving
office (7
mins)
Multi-criteria
decision
analysis
ACME Corp are
planning to
hire 6 new
staff, but they
don't have
any office
space
available to
locate them.
Giant Cell
Arteritis (6 mins)
Medical decision analysis
A patient has
been diagnosed
with suspected
Giant Cell
Arteritis
(GCA).
How best to
manage the
condition?
Hillblom
estate (5
mins)
Decision risk analysis
Junior Larry
is suing the
Hillblom
estate.
The estate has
offered him
$12.4m to
settle, but
his legal team
have advised
him to reject
the offer.
What should he
do?
|