Taking the step to decide to invest in innovative technology is hard. Innate conservatism and risk aversion are difficult to overcome. A rational, system-based approach is needed to marshal the risks and benefits of change, consider the uncertainty in the data and construct a clear justification on whether to proceed or, equally importantly, to redirect resources elsewhere.
Our approach (for more detail see this open access white paper) is especially useful at the early stages of project definition and scoping where sound data is sparse or unavailable.
Complex Decision Making - Case Studies