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AHP stands for analytic hierarchy process – a multi-criteria decision-making (MCDM) method. In AHP, values like price, weight, or area, or even subjective opinions such as feelings, preferences, or satisfaction, can be translated into measurable numeric relations.
The elements of IBIS are: issues (questions that need to be answered), each of which are associated with (answered by) alternative positions (possible answers or ideas), which are associated with arguments which support or object to a given position; arguments that support a position are called "pros", and arguments that object to a position are called "cons".
AHP is targeted at group decision making, [3] and is used for decision situations, in fields such as government, business, industry, [4] healthcare and education. Rather than prescribing a "correct" decision, the AHP helps decision makers find the decision that best suits their goal and their understanding of the problem.
System dynamics is a methodology and mathematical modeling technique to frame, understand, and discuss complex issues and problems. Originally developed in the 1950s to help corporate managers improve their understanding of industrial processes, SD is currently being used throughout the public and private sector for policy analysis and design.
Decision analysis: making a final decision; Use cases are widely used system analysis modeling tools for identifying and expressing the functional requirements of a system. Each use case is a business scenario or event for which the system must provide a defined response. Use cases evolved from the object-oriented analysis.
Adaptive management, also known as adaptive resource management or adaptive environmental assessment and management, is a structured, iterative process of robust decision making in the face of uncertainty, with an aim to reducing uncertainty over time via system monitoring.
SEA meets the need to ensure environmental considerations are taken into account in this new aid context. Applying SEA to development co-operation provides the environmental evidence to support more informed decision making, and to identify new opportunities by encouraging a systematic and thorough examination of development options.
Knowledge-Based Decision-Making (KBDM) in management is a decision-making process [2] that uses predetermined criteria to measure and ensure the optimal outcome for a specific topic. KBDM is used to make decisions by establishing a thought process and reasoning behind a decision. [ 3 ]