Analytic Hierarchy Process
AHP fundamentally encompasses reducing complex decision problem arranged in a hierarchical structure to a series of simple pairwise comparisons and rankings, and then combining the results to obtain an overall ranking [25].
The technique was first introduced by Saaty [26].
The technique has been utilised in addressing diverse decision problems in t.
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How do you de-risk JV decision-making?
Pre-Agreed or Default Plans in Case of Deadlock.
Another way to de-risk JV decision-making is to pre-wire plans and actions in response to deadlock where possible.
Budget carryover provisions are the most common example of this, appearing in 30% of the agreements we analyzed.
These terms basically serve as a stop-gap protection.
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How to implement JSS?
There are few way that you can implement JSS.
JSS is a complete SDK for JavaScript developers allowing to build full-fledged modern solutions using Sitecore and JavaScript and being completely disconnected during development and deploy to any platform in a headless configuration with full Experience Platform capability preserved.
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Preference Selection Index
The approach selects the best alternative from numerous alternatives without ascribing relative importance between decision attributes [49].
The technique is very helpful when decision-makers are faced with the challenge of deciding the relative importance between conflicting decision criteria.
The tool was introduced in the year 2010 by Maniya and.
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Promethee Method
The approach was developed by Brans and Vincke [47] for outranking a set of predetermined alternatives with reference to conflicting attributes to choose the optimum alternative [31].
There are different variants of the technique which include: PROMETHEE I, PROMETHEE II, PROMETHEE III, PROMETHEE IV, and PROMETHEE V.
The different variants of the PR.
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TODIM Method
TODIM technique is one of the generally used tools for analysing decision problems and the approach was developed in 1992 by Gomes and Lima [41].
The principle of decision-making of the TODIM approach involves evaluating the level of dominance of each alternative over the other while considering the behavior of the decision maker in the decision-ma.
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TOPSIS Method
The principle of decision-making of the technique is based on distance measure [31].
The optimum alternative is the one with the closest distance to the positive ideal solution (PIS) and the farthest distance to the negative ideal solution (NIS) [31].
The alternatives are ranked based on the evaluated performance index with the best alternative hav.
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Vikor
The VIKOR approach is an MCDM tool which rank and select a compromise solution from different alternatives with regards to conflicting attributes.
The compromise solution or best alternative is obtained using the performance index which measure the closeness of each alternative to the positive ideal solution [38].
Ishfag et al. [39] utilised VIKOR .
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What does JSS1 mean?
It is a single value used to represent a set of numbers ( i.e. all values in a set of data).
For example, the average age of students in JSS1 in Good Shepherd Schools is 10yrs.
This does not mean that every student in JSS1 is 10yrs, but 10 yrs is used to represent the age of all students in JSS1.
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What is system 1 decision-making?
In System 1 decision-making, people make intuitive, on-the-fly decisions that are based on the information that is immediately available to them in their mind and environment.
In the modern psychology book Thinking, Fast and Slow, Nobel-prize winner Daniel Kahneman talks about two distinct types of decision-making:
- System 1 and System 2
