Decision making is at the very core of every business. Significant effort is dedicated to enhancing the quality of investment decisions. It is critical to assess project options, uncertainties and risks in a structured way.
Decision Analysis (DA) creates a rational decision-making framework which enables decision makers to address the complexity of the real world. In a DA process, alternative project outcomes are compared in terms of values and uncertainties, and insight is provided into how the defined alternatives differ from one another.
The goal of decision analysis is to give guidance, information, insight, and structure to the decision-making process in order to make better, more 'rational' decisions.
Palantir consultants are experienced DA practitioners. Palantir has assisted many companies to enhance their DA practices and used their skills to create business-critical insights for large investment decisions.
DA services offered by Palantir include:
- Facilitating framing sessions
- Designing fit-for-purpose (probabilistic) analysis
- Implementation of high-quality, consistent decision support processes
- Value of information exercises
- Tailored DA training for all corporate stakeholders