Multi-Criteria Decision Analysis (MCDA) using 1000minds

Bring your decision-making to the next level in our free course, “Multi-Criteria Decision Analysis (MCDA) using 1000minds.” Learn to make complex strategic decisions more efficiently and maximize value-for-money, facilitated by award-winning tools and techniques backed by science.

Master the Art of Informed Decision-Making

• Analyze Complex Scenarios: Break down tough decision-making problems using Multi-Criteria Decision Analysis (MCDA), an invaluable methodology for addressing intricate decisions where multiple factors are at play.
• Harness Cutting-Edge Software: Leverage the power of 1000minds, award-winning MCDA software trusted by organizations worldwide.
• Achieve Strategic Outcomes: Make decisions that align with your objectives, whether in business, public policy, or other fields, while reducing common decision-making biases.
• Maximize Value-for-Money: Find out which alternative provides the most value, and allocate a budget among competing options.

A Simpler Way to Tackle Complex Decisions

Multi-criteria decision analysis (MCDA) might sound technical, but we do it all the time. For example, when trying to decide which phone to buy, you are probably comparing different factors like price, camera quality, battery life – that’s MCDA!

MCDA was formally developed in the 20th century as a methodology for addressing complex decisions, providing a structured framework for evaluating alternatives where multiple criteria are involved. The approach has since been widely adopted across diverse sectors, including business, healthcare, environmental management, and public policy.

MCDA offers several key benefits, such as improved transparency, consistency, and the ability to account for diverse stakeholder preferences. This is especially important in the current landscape, as organizations seek data-driven and inclusive decision-making processes to navigate complex challenges and meet evolving societal expectations.

Contents and Overview

Our course is designed for anyone seeking a more transparent and data-driven approach for decision-making. We will use specialized MCDA software 1000minds, a tool used by experts worldwide that emphasizes ease of use, transparency, and scientific validity in the decision-making process. You can follow along for free by creating a 1000minds trial account.

First, you will learn the terminology and basic concepts underpinning MCDA, understanding what the step-by-step MCDA approach looks like and how decision-maker judgements are turned into numerical values.

Then, dive into 1000minds, learning how to navigate the software and build a decision model. You will see examples of different decision scenarios throughout the course, and you will also be encouraged to practice by building your own models.

Finally, learn how to analyze your results using the many charts and graphs available in 1000minds, and conduct cost-benefit analysis to make decisions that best align with your objectives while maximizing value-for-money.