Decisions are made every day and by everyone. As these decisions
become more important, involve higher costs and affect a broader
group of stakeholders it becomes essential to establish a more
rigorous strategy than simply intuition or "going with your gut."
In the past several decades, the concept of Value Focused Thinking
(VFT) has gained much acclaim in assisting Decision Makers (DMs) in
this very effort. By identifying and organizing what a DM values
VFT is able to decompose the original problem and create a
mathematical model to score and rank alternatives to be chosen. But
what if the decision should not be completely decomposed? What if
there are factors that are inextricably linked rather than
independent? In the past several years, Improvised Explosive
Devices (IEDs) have quickly become the number one killer of
American troops overseas. To this end the Joint IED Defeat
Organization worked to create a VFT model to solicit and grade
countermeasure proposals as candidates for funding. While much time
and care was put into soliciting a valid VFT hierarchy from the
appropriate DM, it does not represent the only option. With JIEDDO
as an example this paper examines a strategy to better reflect a
DM's combined values in a way which is understandable to the DM and
maintains a level of mathematical rigor.
General
| Imprint: |
Biblioscholar
|
| Country of origin: |
United States |
| Release date: |
November 2012 |
| First published: |
November 2012 |
| Authors: |
Christopher D. Richards
|
| Dimensions: |
246 x 189 x 6mm (L x W x T) |
| Format: |
Paperback - Trade
|
| Pages: |
104 |
| ISBN-13: |
978-1-288-30766-1 |
| Categories: |
Books >
Social sciences >
Education >
General
Promotions
|
| LSN: |
1-288-30766-7 |
| Barcode: |
9781288307661 |
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