Multi-Criteria Decision-Making (MCDM) involves considering trade-offs between multiple criteria or objectives in order to prioritize or rank alternatives.

(As well as MCDM, 1000Minds is also for Conjoint Analysis.)

The information available here is intended to be practical and user-oriented rather than technical – other websites (see below) are devoted to technical details.

In addition, here’s a collection of ‘recommended readings’ that we have found useful in MCDM courses we’ve taught.

The process of Multi-Criteria Decision-Making

Depending on your application, decision-making processes typically include several stages and feedback loops. 1000Minds is especially useful at the “Model building” and “Challenging thinking” stages.

Process of MCDA - Figure 1.1 - Belton and Stewart, 2002

(Reproduced from Belton & Stewart, 2002, Multiple Criteria Decision Analysis: An Integrated Approach.)

How 1000Minds works

Learn more from these simple guides.

Decision-making and prioritization

Value for money

Group decision-making