Decision Analysis

There are many management decisions to be made both on large individual sites and portfolios of sites.  Is it better to spend resources today for a better outcome in the future?  What are the risks that might affect outcomes?  What end-use states are viable for particular properties?  What is the cost of failure of key decision points, and how likely is failure?  How can life cycle costs be optimized?

These are just a few of the types of questions that one can ask in a decision analysis.  The objective of a decision analysis is to help managers understand the permutations of complex decisions and provide a basis for making good decisions.  By no means does a decision analysis specify the "best" answer in every case.  But it does provide a framework that can tease out important facets and  potentials that might otherwise not be considered.  In its essence, it is a brainstorming and insight tool, one that provides a record for periodic look-backs.

The decision analysis itself, for environmental cases, relies on an accurate view of the physical and subsurface conditions related to contamination or water resources.  By combining AVI's science skills with the decision analysis method, more refined and representative solutions present themselves.  Contact AVI for more details and examples.