Holarch

Risk & Decisions · How-to

Run a Trade Study and Record the Decision

Compare alternatives against weighted criteria, test the result's sensitivity, and record the choice on a Decision.

  1. Open Risk & Decisions → Trade Studies and click + New Trade Study. Choose or create the Decision it supports.
  2. Add alternatives with + New (creates an Asset) or + Existing….
  3. Add criteria, or choose ✦ AI ▾ → Suggest Criteria from Requirements and MOEs… and pick the ones to keep. Set each criterion's Weight, Improvement Direction, Units and Scoring Method.
  4. On the Decision Matrix tab, enter a value for each alternative and criterion, or click Pull Values from Model. The weighted scores and the Ranking chart update as you type.
  5. Optionally compare against a datum on the Pugh Matrix tab (Fill from Scores sets it from the decision matrix).
  6. On the Sensitivity tab, check the Weight Sweep, Tornado and Rank Reversal Points. Robust means no weight change within range alters the leader.
  7. Click Record Decision…, choose the alternative, and write or draft (✦ AI ▾ → Draft Decision Rationale…) the rationale. The Decision gets its choice, justification, date, decider and Status = Decided as one undo step.
  8. Download the study with Export ▾ (Excel workbook or Word summary).

Related

Trade Studies