ChoiceAnalyst 4.1 - The Decision Maker's Organizer
We are constantly confronted with decisions like:
- Determining which expense to eliminate
- Picking amongst vacation options
- Prioritizing your Things to do List
- Choosing the right investment
- Deciding which job applicant to hire
- Selecting the right marketing options
- Picking a name for a baby, pet or product
- Deciding which car to purchase
- Analyzing Risk Management options
- Deciding on the right house to purchase
- Deciding which college to attend
Assume you have an important decision to make. It consists of several
options with multiple criteria and of course you want to make the best
choice.
Imagine having a software program that helps you
organize your options then presents your data as a series of pairs. Your
hardest decisions become simple. You choose which is better between a
pair of choices based on one criterion and repeat the process for each
criteria, then the overall best choice is mathematically calculated for
you.
ChoiceAnalyst organizes your decision making process in many ways. Here
are just a few:
- Complex decisions are streamlined and focused
- Alternatives with multiple criteria are thoroughly analyzed
- Consensus by a group is easily attained
- Decision models can be shared by e-mail, WAN or LAN
- The subjectivity in decision making is removed
- Weighting for each criterion reflects its relative importance
- Weighting for each decision maker reflects individual knowledge or experience
- There is a method for determining Criteria weighting when you aren't sure
- Reports can be generated to document the decision process
- "What-If" analysis is possible while analyzing the outcome
- And much moreā¦
Let's look at just how simply a decision model can be built and
analyzed with ChoiceAnalyst.
ChoiceAnalyst Features
ChoiceAnalyst provides a complete solution for creating and
evaluating decision models, with an intuitive design and easy to use
interface. Subsequent editing and re-evaluating the decision model is
easy and straight-forward, simplifying the workflow process. Your
decisions will come into much clearer focus with ChoiceAnalyst
assisting you in the decision process no matter what the complexity of
the decision involved.
ChoiceAnalyst has a number of features to assist you in the
decision making process. How can ChoiceAnalyst help define and
clarify the decisions you have to make today?
Easily Viewable Relationships Among the Data of the Decision Model
Table dialogs support an easy view of the decision components of the
model. Entering data is simple and automated around an optional style of
input. The use of MDI dialogs allows for seeing all aspects of a
decision model when laid out on the screen.
Command Line Support
Command line operation parameters that will override the application
options. The command operations enable existing XML decision model files
to be used as input and output parameters. Command line options also
support generating PDF report files from a decision model.
Use of the XML Open Standard
ChoiceAnalyst stores all model results in an XML file. Storing files
as XML makes it very easy to adapt ChoiceAnalyst to internet and
intranet applications. An XML file is one to one w/ a decision model
therefore its easy to use these XML files as e-mail attachments. The XML
schema generates a file with a very minimal footprint - ChoiceAnalyst
model files take up minimum disk space and load into the ChoiceAnalyst
GUI very quickly. An XML Schema is available by request.
On-Demand Reporting
Generate a permanent PDF file report and store your decisions away
for later review or analysis years after the decision was made or use
the PDF report for What-If analysis. Report options exist to customize
the PDF report.
What-If Analysis
What-If analysis in ChoiceAnalyst can help answer the following questions:
- What-If I want to see only my decision independent of other decision makers
- What-If I relax or eliminate a given criterion or set of criteria.
- What-If I consider the comparison of one or more choices as a push or equivalent relative to each other.
What-If analysis is supported through paired preference comparison
weights, decision maker weights, and criteria weights. What-If analysis
is supported in various functions. First PDF Reports are generated for
storage but also What-If analysis. What-if analysis is also supported
dynamically within the program by showing multiple past calculations in
separate MDI histogram calculation windows. Finally What-If analysis is
supported by many applications running at the same time. The
applications can share the same model file or use different model files
to show different views of the decision model data. ChoiceAnalyst was
designed to be flexible and allow for understanding the model through
What-If Analysis before a final decision is made.
Options to Customize Look and Feel of ChoiceAnalyst
Extensive Application and Model options are provided to customize the
look and feel or behavior of the program. Some of the options control
generation of the PDF report, use of color, table cursor movements,
control of the volume of paired preference output, and calculation
profiles. Paired preferences user input can be reduced considerably by
setting the model option parameters that control the number of choice
pairs.
High Performance Numerical Computation
Calculate decision model solutions in the blink of an eye.
ChoiceAnalyst uses an extremely fast algorithm to converge to a
solution. When you're ready to compute a solution, use the hot key
or toolbar to calculate the histogram solution in less than 1 second.
No matter how complex the model, ChoiceAnalyst provides a very
efficient and scaleable calculation engine.
Adaptable and Flexible Algorithm
A proprietary algorithm is completely encapsulated and provides a
mathematically proven optimization algorithm.
Randomized paired preferences can be reduced thereby reducing the
data entry requirements of the user in selecting a value along a scale
for a 2-choice comparison (a single paired preference calculation)
Create and change weights of decision makers and criteria at any
time. Finally control the histogram output to be either portrait or
landscape.