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Last Updated: 10/27/2021
in Reports Expert Choice Comparion allows Project Owners to filter reports on the Ad-Hoc Reports section of the Reports page. The ability to exclude various results allows you to view the impact that specific users, objectives, alternatives, and judgments sub...
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The step function is used to convert raw data into ratio-scale data. Depending on the settings made by the Project Manager, the Step Function graph and the resulting priority may vary depending on whether the Piecewise Linear option is enabled or n...
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Pairwise graphical and numerical comparisons are used to express your judgment about the relative importance, preference, or likelihood of the two elements being compared. In the example below, we are asked to compare the relative importance of th...
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To cope with the limitations of decision making, managers have resorted to various decision-making strategies, such as Intuition BOPSAT Rules of thumb Heuristics Simple tradeoffs Nutshell briefings Satisficing Misuse of numbe...
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Loss aversion refers to the tendency to prefer avoiding a loss rather than acquiring an equivalent gain. This leads to risk aversion , which is when people prefer avoiding losses to making gains when they evaluate an outcome comprising similar ...
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The Mixed screen can display the five sensitivities, namely Dynamic Analysis , Performance Analysis , Gradient , 2D plot , and Head to Head , as well as the Alternative/Objectives Grid in one view. By default, four sensitivities are displayed...
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Last Updated: 01/13/2025
in Resource Center
Comparion “templates” serves as a quick and convenient starting point for building models, ensuring consistency and ease of use across projects. Templates provide the foundational structure for models without including participant info...
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Last Updated: 03/14/2022
in Tips and Tricks Model Snapshots allows you to restore your Comparion model to a specific snapshot or restore point. You can open Snapshots from the upper right menu as shown above, which is available on every page when the model is open, or in the Model's ...
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Most, if not all, decisions are made under uncertain conditions. Sensitivity analysis is a technique used to determine how different values of an independent variable impact a particular dependent variable under a given set of assumptions. It is ...
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A Sunk Cost is a cost that is incurred and can not be meaningfully recovered by any practical means. 1 For example, a business may have invested a million dollars in new hardware. This money is now gone and cannot be recovered, so it shouldn’t ...