Analytica > Decision analysis & multi-criteria
Decision analysis & multi-criteria
Decision analysis is a set of methods to help people and organizations address challenging decisions more effectively than using simple intuition. It provides tools like decision trees and influence diagrams to help structure problems, multiattribute (multicriteria) methods to handle problems with several often conflicting objectives, quantifying attitudes towards risk, and ways of treating uncertainty using probability distributions.
Why big data analytics projects fail and how to fix them
If you are like most practitioners of analytics, you went into the field because you are good with numbers, and you want to help people improve the quality of decisions on...
Controversy to consensus: offshore oil platforms
Offshore oil in California is highly controversial. But, Lumina’s decision model on decommissioning oil platforms led to consensus for “rigs to reefs”.
Helping DOE decide which R&D projects to fund
See how the prioritization of technologies and projects are managed based on the reduction of greenhouse gas (GHG) emissions for the US.
Helping gas utilities reduce risk with RSE
Learn about the decision-support web application named ANAGRAM (Analytica for Natural Gas Risk Analysis and Management).
Building electrification: heat pump technology
Lumina set out to build a useful tool to assess the benefits of heat pumps. Learn more about heat pumps and their impact.