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Decision Analysis Techniques for Integration Technology Decisions

TitleDecision Analysis Techniques for Integration Technology Decisions
Publication TypeTechnical Report
Year of Publication1994
AuthorsBlum, E, Giarrusso, F, Zorovic, S, Tatum, CB
Date Published07/1994
Publication Languageeng
KeywordsCenter for Integrated Facility Engineering, CIFE, Decision Analysis, Integration Technology, Integration Technology Decisions, Stanford University
AbstractThis report discusses the use and benefits of implementing decision analysis to model integration technology decisions. A general description of decision analysis is followed by discussion of a generic decision diagram to illustrate the variables and the relationships involved in integration technology decisions. The report then describes use of decision analysis for a strategic decision and an operational decision related to integration technology: selection of a computer estimating system by a general contractor and selection of hardware and software for computer-aided design by a shipping company. Key conclusions from these applications include potential benefits for both types of decisions, value in structuring analysis of the situation and framing the decision, and need for application at appropriate level of detail.
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