DSS Statistical Decision Making Methods

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DSS

Decision Support System (DSS) — A decision support system (DSS) is a computer-based information systems that help decision makers structure a problem, evaluate available alternatives, and make a decision.

Looking for content related to DSS Statistical Decision Making Methods

Software Selection: A Third Alternative Part One: The Buyer’s ...

by Joseph J. Strub

... When making strategic IT acquisitions, project teams can ... Without having a valid
statistical tool to keep ... an unreasonably high influence in the total decision. ...

http:/.../Research/ResearchHighlights/ExecutiveView/2008/01/research_notes/MI_EV_XJS_01_21_08_1.asp - 15k - 2008-01-21

Summary: There are two prevailing approaches for selecting enterprise-wide software: the functions and features approach and the business processes approach. Yet a third alternative does exist—one that takes the best aspects of these two to provide the assurances needed by the buyer and the efficiency desired b

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DSS Statistical Decision Making Methods

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1.	A Case Study and Tutorial in Using IT Knowledge Based Tools Part 1: Decision Support Discussion ( Pages) by E. Robins May 30, 2001 Abstract : In going through a business decision process for complex technology selections, more and more use is being made of technologically driven processes using Decision support tools and captured knowledge. The use of these systems and the capability to drive a solution from them assumes an ability to accurately express business requirements and business value within these tools. In this article, we explore the marriage of knowledge management and decision support in forming knowledge based selection systems and procedures that can assist in reducing the current appalling record of IT project failures. This is illustrated by the process to select a Personal Digital Assistant (PDA).
2.	Managing Risks, Managing Measures: Decision Support Methodologies in Business Part 2 : Decision Aids ( Pages) by Edward S. Robins, PhD Mar 1, 2002 Abstract : Though many academic methods exist, few actually reach the audience they need to reach because of the barrier between academic and business languages, as well as the ability to produce workable and usable tools. This article summarizes what I believe are the methodologies most used in Business, and some of the tools that are commercially available.
3.	What is a Decision Matrix, FREE Template and Example (1 Page) by TEC Staff Mar 15, 2008 Abstract : Decision matrix: a decision-support tool allowing decision makers to solve their problem by evaluating, rating, and comparing different alternatives
4.	What is a Decision Matrix, FREE Template and Example (1 Page) by TEC Staff Mar 15, 2008 Abstract : Decision matrix: a decision-support tool allowing decision makers to solve their problem by evaluating, rating, and comparing different alternatives
5.	Solicitation and Selection Methods (1 Page) by TEC Staff Mar 15, 2008 Abstract : Solicitation and Selection methods: micro-purchase, small purchase, formal competitive procurement (sealed bids, RFP), non-competitive (sole source)...
6.	Decision-making methods (MCDM, MCDA) in the news (1 Page) by TEC Staff Mar 15, 2008 Abstract : Decision Making: Latest news
7.	Multi Criteria Decision Making MCDM (1 Page) by TEC Staff Mar 15, 2008 Abstract : Definition of Multi-Criteria Decision-Making (MCDM): Methods incorporating multiple conflicting criteria into the management planning process
8.	Managing Risks, Managing Measures: Decision Support Methodologies in Business Part 1: Guidelines ( Pages) by Edward S. Robins, PhD Feb 28, 2002 Abstract : Poor measurement methods can take off millions or more from bottom lines, and contribute at least in part to project failures, corporate inefficiencies and poor technology selections. Industry wide, they have contributed to tens of billions of dollars of unnecessary costs. How do you avoid these expensive mistakes?
9.	Support for Old Releases-Good for the User but Is It Good for the Vendor? ( Pages) by Olin Thompson & P.J. Jakovljevic Dec 17, 2003 Abstract : The decision to support older releases is like any other business decision, it is all about the money and profitability. If the vendor can make money at providing support for older releases, it is good business for the vendor. The decision may be sugar-coated with pronouncements about doing what is good for the customer, but both the vendor and the customers know that the first consideration must be the money.

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