DecideIT – A decision tool for analysis and
interpretation of complex decision situations
Preference’s decision tool DecideIT enables you to carry out reliable risk and decision analyses. DecideIT packages state-of-the-art decision methodologies and mathematical analysis in an efficient and user friendly software. DecideIT makes our results available for a wide group of users. The mathematical complexity of the tools and processes is fully hidden behind an easy-to-use graphical interface. The decision tool DecideIT comes with an easy-to-use graphical user interface in which decision trees together with criteria hierchies constitute the main schematic overview of the decision architecture. Such models are very useful in cases of complex decisions, as they provide the decision maker and decision analyst with a graphical presentation of the decision situation at hand and shows the internal relations between options, objectives, and uncertain parameters.
Instructions are available in a highly descriptive and thorough manual. We also offer seminars, on-site training and consulting in order for you and your company to get as much as possible out of DecideIT.
Unique method with realistic requirements of input
The methods of DecideIT are based on unique algorithms which enable the modelling and evaluation of very complex decision situations, even in cases where exact information regarding how probable possible outcomes are or how valuable the different outcomes may be. This is the case in most real life decisions, it is seldom the case that a decision analyst is comfortable with assigning precise estimates of probabilites and forecasted payoffs.