Make decisions involving multiple criteria efficiently, fairly and transparently.
1000Minds Decision Making is for prioritizing, ranking or choosing from competing alternatives (and, sometimes, people) – and, where appropriate, for comparing alternatives ‘ value for money and allocating resources.
Customisable processes for group decision-making are also available, involving as many participants as you like – 10s, 100s or 1000s of people, depending on your application.
Three elements are fundamental to most 1000Minds applications (for an example, see how it works):
- Alternatives (or individuals) being considered by decision-makers
- Criteria by which the alternatives are compared
- Weights representing the relative importance of the criteria
1000Minds applies our patented PAPRIKA method, which, as well as being scientifically valid, is very user-friendly and scaleable. What used to take months (or even years) can be done in minutes or hours using 1000Minds.
- Ranking business projects and investments
- Selecting supplier proposals from a procurement tender or RFP
- Short-listing candidates for a job
- Choosing a new home to buy or rent
- Comparing geo-engineering responses to climate change. Case study »
- Judging competition entries. News »
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.
(Reproduced from Belton & Stewart, 2002, Multiple Criteria Decision Analysis: An Integrated Approach.)
How 1000Minds works
Learn more from this simple guide.
Or build your own decision models from scratch.