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The integrated use of Scenario Planning and Multi-Criteria Decision Analysis (MCDA) has been advocated as a powerful combination for providing decision support in strategic decisions. Scenario Planning helps decision makers in devising strategies and thinking about possible future scenarios;...
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The integrated use of Scenario Planning and Multi-Criteria Decision Analysis (MCDA) has been advocated as a powerful combination for providing decision support in strategic decisions. Scenario Planning helps decision makers in devising strategies and thinking about possible future scenarios;...
Persistent link: https://www.econbiz.de/10010744920
Multi-Criteria Portfolio Analysis (MCPA) models have been extensively employed as an effective means to allocate scarce resources for investment in projects or services, considering different organisational areas and balancing costs, benefits & risks. However, structuring this type of models in...
Persistent link: https://www.econbiz.de/10010745094
In recent years the field of decision analysis has been heavily influenced by the "analytics'' perspective, which integrates advanced data-mining and learning methods, often associated with increasing access to "Big-Data", with decision support systems. This rapidly growing and very successful...
Persistent link: https://www.econbiz.de/10010821195
Multi-criteria decision analysis (MCDA) is well equipped to deal with conflicting, qualitative objectives when evaluating strategic options. Scenario planning provides a framework for confronting uncertainty, which MCDA lacks. Integration of these methods offers various advantages, yet its...
Persistent link: https://www.econbiz.de/10011126098