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How to Use Expert Choice 11 for Smarter and Faster Decision Making

Expert Choice 11 is a software tool that helps you make better decisions by using the Analytic Hierarchy Process (AHP) method. AHP is a structured and transparent way of comparing alternatives based on multiple criteria and stakeholder preferences. With Expert Choice 11, you can easily structure complex problems, measure the importance of competing objectives and alternatives, synthesize information and judgments, conduct what-if and sensitivity analyses, communicate results, and allocate resources.

In this article, we will show you how to use Expert Choice 11 for some common decision making scenarios, such as project portfolio management, strategic planning, vendor selection, and risk management. We will also share some tips and best practices for using Expert Choice 11 effectively.

Project Portfolio Management

Project portfolio management (PPM) is the process of selecting and prioritizing projects that align with your strategic goals and deliver the highest value. Expert Choice 11 can help you with PPM by allowing you to:

Define your strategic objectives and criteria for evaluating projects

Identify and rank your project alternatives based on their contribution to your objectives

Optimize your project portfolio by finding the best combination of projects that fit your budget and resource constraints

Analyze the trade-offs and risks involved in your project portfolio

Communicate and justify your project portfolio decisions to stakeholders

To use Expert Choice 11 for PPM, you need to follow these steps:

Create a new model and choose the Project Portfolio Management template

Enter your strategic objectives and criteria in the hierarchy view

Enter your project alternatives in the alternatives view

Assign weights to your objectives and criteria using pairwise comparisons or direct ratings

Assign ratings to your project alternatives using pairwise comparisons or direct ratings

View your results in the synthesis view and see how your project alternatives rank according to your objectives and criteria

Use the optimization view to find the optimal project portfolio that maximizes your value and meets your budget and resource constraints

Use the sensitivity view to test how changes in your weights or ratings affect your results

Use the report view to generate a report that summarizes your PPM process and results

Strategic Planning

Strategic planning is the process of defining your vision, mission, goals, and strategies for achieving them. Expert Choice 11 can help you with strategic planning by allowing you to:

Clarify your vision, mission, goals, and strategies in a hierarchical structure

Prioritize your goals and strategies based on their importance and feasibility

Align your goals and strategies with your stakeholder needs and expectations

Analyze the gaps and opportunities in your current situation and future state

Communicate and implement your strategic plan effectively

To use Expert Choice 11 for strategic planning, you need to follow these steps:

Create a new model and choose the Strategic Planning template

Enter your vision, mission, goals, and strategies in the hierarchy view

Enter your stakeholder groups in the alternatives view

Assign weights to your goals and strategies using pairwise comparisons or direct ratings

Assign ratings to your stakeholder groups using pairwise comparisons or direct ratings

View your results in the synthesis view and see how your goals and strategies align with your stakeholder needs and expectations

Use the gap analysis view to compare your current situation with your desired future state and identify gaps and opportunities for improvement

Use the sensitivity view to test how changes in your weights or ratings affect your results

Use the report view to generate a report that summarizes your strategic planning process and results 66dfd1ed39

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