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Decision Management Solutions® |
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BenefitsWhat is Decision Management?
Decision Management is a process that ensures that all stakeholder's perspectives and their uncertain knowledge are effectively utilized in determining what to do next to make the best possible decisions with known expected satisfaction and risk.
How does Accord support decision management?
Accord is a computer application that helps the team organize information and generates analytical results that enable the team to make the best possible decisions.
What are the benefits of using Accord?
How much money can Accord save me?
The amount of savings depends on the complexity of the problems, the size of the teams and the capabilities of the current methodology. One customer estimated that it saved an entire design cycle on a 2.5 year project. This resulted in saving many hundreds of thousands of dollars in salaries alone.
How much time can Accord save me?
Accord saves time by using time more effectively. Initially, using Accord takes more time than ad hoc decision making. However, it will save extensive time later because it:
ManagementDoes Accord restrict innovation?
No, Accord actually encourages innovation as it requires multiple alternatives for evaluation and identifies areas where alternatives can be improved.
Do problems really need to be solved in this much detail?
For simple problems, no. For important issues that require information from many functions in the organization, have uncertain information or whose results may have an important impact on the company, yes.
How long does it take to learn Accord?
The Accord program is easy to use. Basic use can learned in less than one hour and proficiency gained in a few hours. Techniques for modeling problems to achieve the best possible decisions with or without Accord can be learned in a one day training course.
Is there a limit to the size of problem that Accord can analyze?
Accord can handle very large problems. Realistically teams should keep the number of alternatives at 3-10, the number of criteria 3-20 and the size of the team to less than 20 people. Accord supports decision making within this range, in real time.
TechnicalWhat is the technical basis of Accord?
There are three main technologies combined in Accord
Can the analysis performed by Accord be done by hand?
No, the mathematics that underlies Accord are too difficult.
How is Accord most easily used to support a team?
There is a four step process:
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