Decision Analysis

Decision Analysis

In mega projects, the difference between a good decision and a bad one can be the difference between a huge successful outcome and an awful disaster, tremendous profit and destructive loss, or even life and death. Decisions determine the direction and course of billions of dollars annually. The complexity of a decision ranges from simple Shakespearean —to do or not to do—to extremely elaborate and complex ones. While simpler problems may be analyzed with a few quick calculations, reaching more complicated decisions can take corporations months or years without the help of decision analysis experts.

Enrisk provides decision analysis consulting services to bring decisiveness and clarity to your company’s decision making. Using variety of methods, our decision analysis consultants can help identify factors that influence the problem at hand and choose a path to the desirable outcomes. Enrisk help clients fully define the opportunity, clarify objectives, develop robust creative strategies, and then evaluate those strategies to determine the optimal solution.

To provide you the widest variety of methodological and domain expertise, Enrisk maintains both a team of in-house consulting professionals, as well as a network of affiliated consultants all over the globe from Houston to Muscat. Through Enrisk, you gain access to industry leading consultants with expertise in risk-based decision making. The probabilistic methods used by Enrisk experts include but not limited to stochastic simulations, sensitivity analysis, utility theory, forecasting, real options, probabilistic optimization and many more.