Paper Topic:

decision analysis

Running Head : DECISION ANALYSIS

Decision Analysis

On Gilberto Montibeller , Haidee Gummer , and Daniele Tumidei 's Combining Scenario Planning and Multi-Criteria Decision Analysis in Practice

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Decision Analysis

On Gilberto Montibeller , Haidee Gummer , and Daniele Tumidei 's Combining Scenario Planning and Multi-Criteria Decision Analysis in Practice

Gilberto Montibeller , Haidee Gummer , and Daniele Tumidei (2006 , in their article entitled Combining

Scenario Planning and Multi-Criteria Decision Analysis in Practice ' provides a practical application of the combination of scenario planning and multi-criteria decision analysis in scenarios that require decision support in strategic decisions . In line with this , what follows is an elucidation and analysis of the argument expounded by Montibeller , Gummer , and Tumidei in the aforementioned article

The argument forwarded by the following authors is as follows : The combination of scenario planning and multi-criteria decision analysis based on the Goodwin and Wright 's approach , is helpful in the decision making process involved in scenarios that require strategic decisions (Montibeller , Gummer Tumidei , 2006 ,

.5-19 . Montibeller , Gummer Tumidei 's argument is based upon three assumptions . First , scenario planning enables support for strategic decision making procedures as it employs the use of imaginary future scenarios to help decision makers think about the main uncertainties they face , and device strategies to cope with those uncertainties (Montibeller , Gummer Tumidei , 2006 br

.5 . Second , multi-criteria decision analysis enables the evaluation of a...

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