Is the model dependable?

The Sensitivity by Weights analysis window will answer another key question: if the importance of some of your criteria change, will that change the high scoring alternative? CDP displays the criterion weight to which the decision is most sensitive, and if selecting the suggested alternative seems too risky, look at the ordered list of information you need to research further.

Uncertainty Distributions

What happens if you are not sure of your information?

When you are evaluating a number of bids responding to your proposal, you know that the bidder's claims do not tell the whole story. Some companies are well managed and meet schedule and cost targets, others don't. CDP helps you model your knowledge of the companies' track records as simple uncertainty distributions to see how the bids really line up. CDP's probability-based handling of uncertainty is like doing a million what-ifs in one calculation - and with CDP you understand the results.

 

 

 

 

Communicating your decision

 

 

How can you communicate your decision?

When the smoke has cleared, you can generate a printed report that covers as much (or as little) of your decision as you need to persuade your colleagues, clients or managers. CDP generates well documented decisions that enable you to learn from both successes and failures, and provides a historical record for others in your company. For further analysis and graphics, the automatic data export to Microsoft Excel and the Copy & Paste functionality of CDP's internal spreadsheets provides easy communication with your favorite spreadsheet applications.

Next: Model Specifications

 

 

Criterium DecisionPlus 3.0 is available for $895 (US)

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