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Getting started with MakeItRational
     decision-making software

                        http://makeitrational.com
How does it work?
1.   List alternatives.
2.   Define goal and criteria.
3.   Prioritize criteria.
4.   Score alternatives.
5.   Reach consensus.
6.   See results.
List alternatives

List of „things” that will be evaluated. Depending on a
decision it will be a list of: suppliers, projects, locations,
candidates, features, markets, products…
How does it work?
1.   List alternatives.
2.   Define goal and criteria.
3.   Prioritize criteria.
4.   Score alternatives.
5.   Reach consensus.
6.   See results.
Define goal and criteria
What is your goal? What criteria will be taken into account during
evaluation? Quality, price, time, strategic alignment, guarantee,
reliability, experience…
How does it work?
1.   List alternatives.
2.   Define goal and criteria.
3.   Prioritize criteria.
4.   Score alternatives.
5.   Reach consensus.
6.   See results.
Prioritize criteria

Compare criteria in pairs, each time choose the more important one
and select the level of dominance on a 9-point scale.
How does it work?
1.   List alternatives.
2.   Define goal and criteria.
3.   Prioritize criteria.
4.   Score alternatives.
5.   Reach consensus.
6.   See results.
Score alternatives
Define rating scales that model your preferences and use them to score
alternatives in context of criteria.

  Value     Offer price                 Value       Air-Conditioning
    0       > avg. price + 20%            0       Not available
    1       > avg. price + 10%            1       Manual
    2       = avg. price ± 10%            2       Automatic
    3       < avg. price - 10%
    4       < avg. price - 20%        Note: more preferred = higher value
How does it work?
1.   List alternatives.
2.   Define goal and criteria.
3.   Prioritize criteria.
4.   Score alternatives.
5.   Reach consensus.
6.   See results.
Reach consensus
Different values have been provided by members of the group on the
previous steps. Now establish common values for the group. If you
can’t agree on a value use an average.
How does it work?
1.   List alternatives.
2.   Define goal and criteria.
3.   Prioritize criteria.
4.   Score alternatives.
5.   Reach consensus.
6.   See results.
Results

• Ranking of alternatives shows what should be chosen.
Ranking of alternatives
Results

• Ranking of alternatives shows what should be chosen.
• Radar chart gives information about strengths and weaknesses of
  alternatives.
Comparison on radar chart
Results

• Ranking of alternatives shows what should be chosen.
• Radar chart gives information about strengths and weaknesses of
  alternatives.
• Pie chart displays priorities of decision maker.
Criteria weights
Results

• Ranking of alternatives shows what should be chosen.
• Radar chart gives information about strengths and weaknesses of
  alternatives.
• Pie chart displays priorities of decision maker.
• Sensitivity analysis informs what happens with final ranking when
  weight of criterion changes.
Sensitivity analysis
Results

• Ranking of alternatives shows what should be chosen.
• Radar chart gives information about strengths and weaknesses of
  alternatives.
• Pie chart displays priorities of decision maker.
• Sensitivity analysis informs what happens with final ranking when
  weight of criterion changes.
• Find out more about MakeItRational results:
  http://makeitrational.com/multi-criteria-evaluation/results
Try it now (no registration required)
 http://makeitrational.com/demo

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Getting Started with MakeItRational Decision-Making Software

  • 1. Getting started with MakeItRational decision-making software http://makeitrational.com
  • 2. How does it work? 1. List alternatives. 2. Define goal and criteria. 3. Prioritize criteria. 4. Score alternatives. 5. Reach consensus. 6. See results.
  • 3. List alternatives List of „things” that will be evaluated. Depending on a decision it will be a list of: suppliers, projects, locations, candidates, features, markets, products…
  • 4.
  • 5. How does it work? 1. List alternatives. 2. Define goal and criteria. 3. Prioritize criteria. 4. Score alternatives. 5. Reach consensus. 6. See results.
  • 6. Define goal and criteria What is your goal? What criteria will be taken into account during evaluation? Quality, price, time, strategic alignment, guarantee, reliability, experience…
  • 7.
  • 8. How does it work? 1. List alternatives. 2. Define goal and criteria. 3. Prioritize criteria. 4. Score alternatives. 5. Reach consensus. 6. See results.
  • 9. Prioritize criteria Compare criteria in pairs, each time choose the more important one and select the level of dominance on a 9-point scale.
  • 10.
  • 11. How does it work? 1. List alternatives. 2. Define goal and criteria. 3. Prioritize criteria. 4. Score alternatives. 5. Reach consensus. 6. See results.
  • 12. Score alternatives Define rating scales that model your preferences and use them to score alternatives in context of criteria. Value Offer price Value Air-Conditioning 0 > avg. price + 20% 0 Not available 1 > avg. price + 10% 1 Manual 2 = avg. price ± 10% 2 Automatic 3 < avg. price - 10% 4 < avg. price - 20% Note: more preferred = higher value
  • 13.
  • 14. How does it work? 1. List alternatives. 2. Define goal and criteria. 3. Prioritize criteria. 4. Score alternatives. 5. Reach consensus. 6. See results.
  • 15. Reach consensus Different values have been provided by members of the group on the previous steps. Now establish common values for the group. If you can’t agree on a value use an average.
  • 16.
  • 17. How does it work? 1. List alternatives. 2. Define goal and criteria. 3. Prioritize criteria. 4. Score alternatives. 5. Reach consensus. 6. See results.
  • 18. Results • Ranking of alternatives shows what should be chosen.
  • 20. Results • Ranking of alternatives shows what should be chosen. • Radar chart gives information about strengths and weaknesses of alternatives.
  • 22. Results • Ranking of alternatives shows what should be chosen. • Radar chart gives information about strengths and weaknesses of alternatives. • Pie chart displays priorities of decision maker.
  • 24. Results • Ranking of alternatives shows what should be chosen. • Radar chart gives information about strengths and weaknesses of alternatives. • Pie chart displays priorities of decision maker. • Sensitivity analysis informs what happens with final ranking when weight of criterion changes.
  • 26. Results • Ranking of alternatives shows what should be chosen. • Radar chart gives information about strengths and weaknesses of alternatives. • Pie chart displays priorities of decision maker. • Sensitivity analysis informs what happens with final ranking when weight of criterion changes. • Find out more about MakeItRational results: http://makeitrational.com/multi-criteria-evaluation/results
  • 27. Try it now (no registration required) http://makeitrational.com/demo