Gore has developed a standard process employing Analytica with a common framework for reviewing R&D projects. Each project has a “Facilitator” who is a champion of the assessment process, with skills in modeling and guiding the process.
He facilitates an interdisciplinary “Core team” of experts that gather data, understand the context, and generate the development options to be evaluated. The process characterizes the uncertainty to understand the overall risks, and analyzes sensitivities using a tornado diagram to clarify which uncertain inputs make the most difference.
The team finally presents the results to senior R&D executives for project review. Because the modeling framework has already been tested and approved, time is not wasted challenging methodology.
If there are questions, executives can review the underlying assumptions and their sources in the model.