Strategic Choices Tool
What is the Strategic Choices Tool?
A software simulation package allows decision makers to see the consequences of potential decisions in the room – before they commit to significant investment.
What benefits does the simulation offer?
Highlights the consequences of potential decisions in the room. Ensures Clients don’t waste £Ms on projects which don’t meet strategic requirements.
Excellent mechanism to engage with external scrutineers.
What technology does the SCT use?
Optimisations using Genetic Algorithms are run to create and test thousands of different solutions. Genetic Algorithms apply the principle of genetics, mutation and reproduction to create ‘populations’ solutions of which only the fittest survive. Surviving solutions then get to ‘reproduce’ to create other population pools (known as ‘generations’).
What are the principles of the Strategic Choices Tool?
Impacts of strategic requirements can be evaluated quickly across any number of operational scenarios
Taking Balance of Investment trade-offs online, accessible anywhere
Generates analytical outputs using statistical techniques that instils user confidence
Users with specific roles can easily configure the building blocks of the system