Multi-Criteria Decision-Making (MCDM) is for assessing trade-offs between multiple criteria (or objectives) in order to rank, prioritize or choose from among alternatives.
The information here is practical and user-oriented; other websites (see below) are devoted to technical details.
- Multi-criteria decisions
- Points systems
- Scoring methods
- MCDM groups and websites
- Books and journals
In addition, here is a collection of ‘recommended readings’ that we have found useful in MCDM courses we’ve taught.
The process of Multi-Criteria Decision-Making
Most decision-making applications include the process represented below, at least implicitly. 1000Minds is especially useful at the “Model building” and “Challenging thinking” stages.
(Reproduced from Belton & Stewart, 2002, Multiple Criteria Decision Analysis: An Integrated Approach.)
How 1000Minds works
Learn more from these simple guides.