I’ve coached folks in making a several thousand strategy, engineering or life decisions over the past 20 years. In most cases, we have used a simple weighted-scoring method to evaluate the relative “goodness” of alternatives against a set of criteria. Criteria are given weights that express their relative importance; a 10-point weighting scale is typically used. The [...]
Filed under: Decision Concepts | Tagged: decision, criteria, decision analysis, alternatives, margin, precision, weighted scoring, multi-attribute analysis, significant figures, performance estimates, keep-it-simple, weights, scores | No Comments »
