Decision Analyses

Make informed decisions with Preference!

In order to fully evaluate different courses of action and to avoid unnecessary and unconscious risk exposure, it is wise to employ a structured working process. Preference supports you in analysing decision situations and streamlining decision processes where uncertainty, risk, and conflicting objectives prevail.

Sectors at present commonly exploiting the benefits of risk and decision analysis include banking & finance, insurance, healthcare, oil & gas, management consulting, the pharma industry, environmental consulting and project management.

The purpose of the decision analysis is to improve the ability of one or more decision makers to make more informed decisions.

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Service for your Development

We provide the best services, ensuring your outstanding growth

01.

Helision

Helision is a easy-to-use support tool to make more conscious decisions, to optimize risk management in complicated wide horizon portfolios,…

02.

DecideIT

DecideIT is a desktop software that makes our results available for a wide group of professional users of decision analysis.…

03.

Business Risk Library

Preference Business Risk Library (PBRL) is an object-oriented library .NET modern computer-based risk analysis designed as a server-side package able…

The six steps to wise decisions

What should be achieved?

Without a consistent overall business model, there’s a high risk that most employees won’t understand how the organisation functions.

What do you do best?

It is often smart to dig where you stand, but shifting markets need more analysis to know what is realistic to manage both short and long term.

What are the options?

What this looks like will again vary by organisation. However, it must be clear what the options are, often with cost and technical limits.

What are the possible risks?

Problems emerge in overlooked details when the problem or solution wasn’t well defined, especially in large-scale issues under complex conditions.

What is most important?

Decisions often involve many parts and criteria. To prioritise, you must know which aspects matter and then evaluate these in some form.

Involved in decision-making?

People have varying skills and influence. Many have opinions. You must define groups of relevant people for each part of the process.

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Decision Analysis

Preference staff have many years of experience in successful decision analysis projects and could have a critical impact on the success of a project.

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The clearly defined work processes identify the elements of the decision-making. Preference Decision Management Process™ enables tailored and structured decision analysis.

The decision maker gets a good overview of the decisions material and significantly enhances the ability to get a clear overall view of the problem.

In the process it will be clear if more information is necessary before an informed decision can be made.

Other benefits include that the decision is documented and that the decision data easily can be reviewed and adjusted. It facilities also the old decision can be revisited and reevaluated.

We bring you through your complex issues, let us be your pilot in the archipelago of data on your journey! Let’s get started