Decision Analysis Software Survey
Table 11
Product | Training Classes Offered: | List any features not explicitly stated above that support decision analysis: | ||||
Vendor | 3rd Party | Classroom | Online | Describe certification programs for instructors or recognized proficiency | ||
@RISK | y | y | y | y | Palisade is a registered education provider for PMI and AACE. Palisade is also registered with NASBA. | |
1000Minds | y | y | y | y | Group facilitation tools to aid elicitation of criteria, compare intuitive rankings and test inter-rater reliability. | |
Analytic Solver Platform for Excel | y | y | y | y | Monte Carlo simulation on decision trees, yielding full distributions at nodes. | |
Analytica | y | y | y | y | Monte Carlo and Optimization to support large and complex decision models | |
AnalyticSolver.com | y | y | y | y | ||
ChemDecide | y | n | y | y | Britest Facilitator Training | |
D-Sight CDM | y | y | y | y | ||
DEA SolverPro | n | y | y | n | ||
DecideIT | y | y | y | n | ||
Decision Explorer | y | y | Causal mapping tool with analytical language to manage complexity and gain insight into complex issues | |||
Decision Quality Desktop (including DTrio and TreeTop) | y | n | y | y | Decision Frameworks supports Society of Decision Professionals certification | Decision framing; decision governance; D&R timelines; game theory; cumulative prob charts; tornado comparisons; Excel macros |
DiscoverSim | y | n | n | n | Bundled with SigmaXL for statistical and graphical analysis. | |
DPL | y | n | y | y | Real options analysis, policy trees/policy summaries, influence diagram/decision tree hybrid models, Monte Carlo simulation | |
Equity3 | y | n | y | n | Efficiency frontier and analysis. Trade-off analysis. | |
FOCUS | n | n | n | n | ||
GoldSim | y | y | y | |||
Hiview3 | y | n | y | n | Value Tree. MACBETH can be used to build preference scales and value functions | |
Intelligent Decision System (IDS) | y | y | y | y | Inputs can have missing data & vague judgements. Outputs include probability distributions for informative decision making. | |
Logical Decisions v7.2 | y | y | y | n | ||
MeenyMo | n | n | n | n | Many decision templates are provided. Supports rich information about alternatives, e.g. urls, map location, images. | |
SensIt | n | n | n | n | ||
SilverDecisions | y | n | y | n | ||
SimVoi | n | n | n | n | Automatically determines value of information for uncertain input variables | |
SLIM | y | y | y | n | ||
Smart Decisions | y | n | y | y | Includes high quality brainstorming functionality for options generation. Creativity techniques plus Triz. | |
Smart-Swaps | n | n | n | n | Support for the Even Swaps process: finding of dominated alternatives, suggestions for next swaps, backtracking of swaps | |
The DecisionTools Suite | y | y | y | y | Palisade is a registered education provider for PMI and AACE. Palisade is also registered with NASBA. | Monte Carlo Simulation, Optimization, Distribution Fitting, Customized Reports, Time Series and more. |
TransparentChoice | n | y | n | y | None | |
TreePlan | n | n | n | n | ||
Web-HIPRE | n | n | n | y |
Decision Analysis Software Survey Pages:
Introduction | Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8| Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Vendor List | Accompanying Article