Getting Started with MakeItRational Decision-Making Software

27
http://makeitrational.com Getting started with MakeItRational decision-making software

description

MakeItRational is a decision-making software that helps you to make rational and defendable choices based on multi-criteria evaluation. See how it works.

Transcript of Getting Started with MakeItRational Decision-Making Software

Page 1: Getting Started with MakeItRational Decision-Making Software

http://makeitrational.com

Getting started with MakeItRationaldecision-making software

Page 2: Getting Started with MakeItRational Decision-Making Software

How does it work?

1. List alternatives.

2. Define goal and criteria.

3. Prioritize criteria.

4. Score alternatives.

5. Reach consensus.

6. See results.

Page 3: Getting Started with MakeItRational Decision-Making Software

List alternatives

List of „things” that will be evaluated. Depending on a decision it will be a list of: suppliers, projects, locations, candidates, features, markets, products…

Page 4: Getting Started with MakeItRational Decision-Making Software
Page 5: Getting Started with MakeItRational Decision-Making Software

How does it work?

1. List alternatives.

2. Define goal and criteria.

3. Prioritize criteria.

4. Score alternatives.

5. Reach consensus.

6. See results.

Page 6: Getting Started with MakeItRational Decision-Making Software

Define goal and criteria

What is your goal? What criteria will be taken into account during evaluation? Quality, price, time, strategic alignment, guarantee, reliability, experience…

Page 7: Getting Started with MakeItRational Decision-Making Software
Page 8: Getting Started with MakeItRational Decision-Making Software

How does it work?

1. List alternatives.

2. Define goal and criteria.

3. Prioritize criteria.

4. Score alternatives.

5. Reach consensus.

6. See results.

Page 9: Getting Started with MakeItRational Decision-Making Software

Prioritize criteria

Compare criteria in pairs, each time choose the more important one and select the level of dominance on a 9-point scale.

Page 10: Getting Started with MakeItRational Decision-Making Software
Page 11: Getting Started with MakeItRational Decision-Making Software

How does it work?

1. List alternatives.

2. Define goal and criteria.

3. Prioritize criteria.

4. Score alternatives.

5. Reach consensus.

6. See results.

Page 12: Getting Started with MakeItRational Decision-Making Software

Score alternatives

Define rating scales that model your preferences and use them to score alternatives in context of criteria.

Value Offer price

0 > avg. price + 20%

1 > avg. price + 10%

2 = avg. price ± 10%

3 < avg. price - 10%

4 < avg. price - 20%

Value Air-Conditioning

0 Not available

1 Manual

2 Automatic

Note: more preferred = higher value

Page 13: Getting Started with MakeItRational Decision-Making Software
Page 14: Getting Started with MakeItRational Decision-Making Software

How does it work?

1. List alternatives.

2. Define goal and criteria.

3. Prioritize criteria.

4. Score alternatives.

5. Reach consensus.

6. See results.

Page 15: Getting Started with MakeItRational Decision-Making Software

Reach consensus

Different values have been provided by members of the group on theprevious steps. Now establish common values for the group. If youcan’t agree on a value use an average.

Page 16: Getting Started with MakeItRational Decision-Making Software
Page 17: Getting Started with MakeItRational Decision-Making Software

How does it work?

1. List alternatives.

2. Define goal and criteria.

3. Prioritize criteria.

4. Score alternatives.

5. Reach consensus.

6. See results.

Page 18: Getting Started with MakeItRational Decision-Making Software

Results

• Ranking of alternatives shows what should be chosen.

Page 19: Getting Started with MakeItRational Decision-Making Software

Ranking of alternatives

Page 20: Getting Started with MakeItRational Decision-Making Software

Results

• Ranking of alternatives shows what should be chosen.

• Radar chart gives information about strengths and weaknesses of alternatives.

Page 21: Getting Started with MakeItRational Decision-Making Software

Comparison on radar chart

Page 22: Getting Started with MakeItRational Decision-Making Software

Results

• Ranking of alternatives shows what should be chosen.

• Radar chart gives information about strengths and weaknesses of alternatives.

• Pie chart displays priorities of decision maker.

Page 23: Getting Started with MakeItRational Decision-Making Software

Criteria weights

Page 24: Getting Started with MakeItRational Decision-Making Software

Results

• Ranking of alternatives shows what should be chosen.

• Radar chart gives information about strengths and weaknesses of alternatives.

• Pie chart displays priorities of decision maker.

• Sensitivity analysis informs what happens with final ranking when weight of criterion changes.

Page 25: Getting Started with MakeItRational Decision-Making Software

Sensitivity analysis

Page 26: Getting Started with MakeItRational Decision-Making Software

Results

• Ranking of alternatives shows what should be chosen.

• Radar chart gives information about strengths and weaknesses of alternatives.

• Pie chart displays priorities of decision maker.

• Sensitivity analysis informs what happens with final ranking when weight of criterion changes.

• Find out more about MakeItRational results: http://makeitrational.com/multi-criteria-evaluation/results

Page 27: Getting Started with MakeItRational Decision-Making Software

Try it now (no registration required)http://makeitrational.com/demo