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Frequently Asked Questions about Decision Support Systems by Dan Power

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50 results for "benefits models"

Question	Category	Date
Why are quantitative models useful for decision support? by Dan Power Editor, DSSResources.com Managers need to understand the value that a quantitative model creates for decision making. By identifyin...	DSS Foundations	Jan 28, 2013
What is a DSS cost benefit analysis? by Dan Power Editor, DSSResources.com Decision support system cost benefit analysis is one technique used to determine if a proposed DSS should b...	DSS Foundations	Jul 18, 2010
What evaluation tools are appropriate for DSS? by Daniel Power Editor, DSSResources.com Managers evaluate many types of projects, but those involving information technologies are often consid...	DSS Foundations	Dec 06, 2020
What is a computer supported special decision study? by Dan Power Editor, DSSResources.com Frequently, computerized tools are used to prepare one-time special studies and reports in unstructured, ...	DSS Foundations	Dec 23, 2015
Do small businesses need DSS? by Dan Power Editor, DSSResources.com Today decision-making is more difficult for all managers including those in small businesses. On the positi...	DSS Foundations	Jan 10, 2010
Is the technology acceptance model relevant to decision support? by Daniel Power Editor, DSSResources.com Substantial resources are expended building and installing decision support systems. Some guidance about...	DSS Foundations	Jul 31, 2016
What is value-driven delivery of projects and work? Daniel J. Power Editor, DSSResources.com Project managers, team leads, and other managers are encouraged to make project decisions that result in ...	DSS Foundations	Sep 17, 2019
What are benefits of using decision support? by Daniel J. Power Editor, DSSResources.COM Organizational benefits of using computerized decision support include: Help Team Members Function ...	DSS Foundations	Dec 02, 2016
What decisions are appropriate for model-driven DSS? by Dan Power Editor, DSSResources.com Some decision problems occur across diverse businesses. Various approaches can be used to solve them depen...	Model-driven DSS	Dec 29, 2008
What are specific benefits of document-driven DSS? by Dan Power Editor, DSSResources.com Document-driven DSS is a relatively new category of computerized decision support. These systems assist in ...	DSS Foundations	Aug 02, 2010
What is predictive analytics? by Dan Power Editor, DSSResources.COM Predictive analytics involves systematic analysis of data using quantitative and statistical models to pr...	DSS Foundations	Jul 16, 2018
What are benefits of decision support applications in the cloud? by Dan Power Editor, DSSResources.COM Cloud computing is a distributed computing model that uses a network to share resources. The resources a...	DSS Foundations	Jul 08, 2012
What is project portfolio management? Daniel J. Power Editor, DSSResources.com Project portfolio management (PPM) is a coordination and control process that selects, prioritizes, and s...	DSS Foundations	Jan 20, 2020
Why do some managers resist using DSS? by Daniel Power Editor, DSSResources.com Opposing change, especially technology change, is common and often times misguided. Rational opposition ...	DSS Foundations	Nov 22, 2020
Why is a person kept in the decision cycle? by Daniel J. Power Editor, DSSResources.COM Decision making using data and algorithms has inherent limitations. Decision automation and decision m...	DSS Foundations	Feb 04, 2018
What technologies are used for decision automation? by Dan Power Editor, DSSResources.com Software and system designers can use a number of differing technologies to build a system to automate deci...	DSS Foundations	Jul 30, 2012
What is mobile decision support? Daniel J. Power Editor, DSSResources.com Mobile devices can empower decision makers. Mobile decision support uses wireless technology and portable...	DSS Theory	Nov 11, 2012
What are benefits of Interorganizational DSS? by Dan Power Editor, DSSResources.com In general, an organization can benefit by providing DSS to its customers, suppliers and other significant...	DSS Applications	Mar 19, 2008
What evaluation criteria are used for decision support projects? by Dan Power Editor, DSSResources.com One can categorize computerized decision support project evaluation concerns into 4 general criteria are...	DSS Foundations	Nov 28, 2007
What is a robust decision support quantitative model? by Daniel J. Power Editor, DSSResources.COM Some quantitative models provide very different results when assumptions are violated and when model ...	DSS Foundations	Apr 17, 2015
What are the rules for building a successful model-driven DSS? by Dan Power Editor, DSSResources.COM It is important to discuss what impacts the success of computerized Decision Support Systems. My DSS bo...	Model-driven DSS	Oct 22, 2006
What is a decision support system feasibility study? by Dan Power Editor, DSSResources.com Someone in an organization has an idea for a replacement DSS or an innovative DSS. Perhaps a senior manage...	Building DSS	Jan 09, 2008
What are benefits and risks of outsourcing enterprise-wide DSS? by Dan Power Editor, DSSResources.com Some companies outsource major Information Technology (IT) activities like Internet and Intranet operatio...	Building DSS	Apr 16, 2008
Is an insight-driven organization myth or reality? Daniel J. Power Editor, DSSResources.com An insight-driven organization seems more like marketing hype, building on a catchy name, than reality. O...	DSS Foundations	Aug 18, 2019
How can managers identify opportunities to create innovative DSS? by Dan Power Editor, DSSResources.com Once a manager believes it is possible to gain significant benefits or even a competitive advantage from ...	Evaluating DSS Projects	Dec 12, 2007
What are advantages and disadvantages of data warehouses? by Dan Power Editor, DSSResources.com The concept of a data warehouse for decision support traces back to about 1990 and the works of Bill Inmon...	Data-driven DSS	Dec 03, 2008
What is a data modeler? by Daniel J. Power Editor, DSSResources.COM In the era of rapidly expanding, diverse data, someone needs to identify patterns and regularities in...	DSS Foundations	Sep 21, 2015
How do data analytics support data-based decision-making? by Ciara Heavin and Daniel J. Power Analysis of data or data analytics is an integral component of a successful organizational digital transforma...	DSS Foundations	Nov 27, 2017
What is a good replacement for models built using IFPS? On December 5, 2000, Hubert Deneault, Hydro-Quebec, wrote "First, I want to thank you for offering a service like DSSResources.com. It is very he...	Model-driven DSS	Aug 07, 2005
Who are the Luddites? by Daniel J. Power Editor, DSSResources.com Over the years, the word luddite has been used as a derogatory term to poke fun at those who resist te...	DSS Foundations	Jan 22, 2021
What is visual analytics? by Daniel J. Power Editor, DSSResources.COM Visual analytics combines automated analysis techniques with interactive visualisations to support de...	DSS Foundations	Jun 12, 2013
How can managers hire and retain information technology talent? by Daniel J. Power Editor, DSSResources.com Our information technologies continue to change and improve. With developments like Cloud computing,...	DSS Foundations	Feb 02, 2017
What was the DSS News in October 2000? by Daniel Power Volume 1, issue number 12 of DSS News was published October 9, 2000. Then as now DSS News was a bi-weekly publication of DSSResourc...	DSS Foundations	Oct 11, 2020
Is the semantic web vision relevant to DSS? by Dan Power Editor, DSSResources.com Semantic web describes a vision and design guidelines and tools to let software applications read and un...	Building DSS	Feb 20, 2008
Do consumers need decision support capabilities? by Dan Power Editor, DSSResources.com Purchase decisions have become increasingly complex with the advent of Internet shopping. Making decisions...	DSS Foundations	Feb 27, 2013
What is a spreadsheet-based DSS? by Dan Power Editor, DSSResources.com Most managers are familiar with spreadsheet packages like Microsoft Excel. If a decision support system (D...	Model-driven DSS	Jan 30, 2017
What are the features of a model-driven DSS? by Dan Power Editor, DSSResources.com This is the final column about features of computerized decision support systems. The focus is on mod...	Model-driven DSS	Aug 09, 2008
How does the Internet of Things (IoT) support decision making? by Daniel J. Power Editor, DSSResources.COM Supporting decision making is broadening in its scope and in available capabilities. According to Pow...	DSS Foundations	Aug 19, 2018
What are pros and cons of self-service data analytics tools? by Daniel J. Power Editor, DSSResources.com Many managers and employees want more direct access to proprietary organization data. Vendors promote...	DSS Foundations	Oct 09, 2017
What are agile ethical principles? Daniel J. Power Editor, DSSResources.com Agile is founded upon two ethics statements, the Manifesto for Agile Software Development, and the 12 Pri...	DSS Foundations	Aug 14, 2019
What are common DSS architectural patterns or styles? by Dan Power Editor, DSSResources.com Information technology continues to evolve, but one can identify various architectural patterns or styles ...	Building DSS	Oct 03, 2007
How can we measure the value and success of agile? Ciara Heavin and Daniel J. Power Agile is a complex, abstract concept and there is no single way that individuals and teams "do" agile. Both of th...	DSS Foundations	Sep 27, 2020
Who should participate in building decision support capabilities? by Daniel J. Power Editor, DSSResources.COM Building decision support capabilities requires varied expertise. More complex data, parallel process...	DSS Foundations	May 11, 2013
What are critical success factors for using advanced analytics? by Daniel J. Power Editor, DSSResources.COM Presence of critical success factors (CSF) influence the performance of a task, project or organizati...	DSS Foundations	Dec 21, 2013
How do decision-making models relate to the design and use of DSS? by Dan Power Editor, DSSResources.com Both descriptive and prescriptive quantitative decision making model asre important to understanding compu...	DSS Theory	Mar 07, 2015
What are the answers to the DSS case study questions at DSSResources.COM? Recently Zam Zawari wrote "I need your guidelines on how to answer the questions in the case 'MeritCare Health System uses Simulation'". At ...	DSS Applications	Aug 16, 2005
What are post-relational databases? by Daniel Power Editor, DSSResources.com Post-relational or non-relational databases implement a conceptual schema using a non-relational data mo...	DSS Foundations	Aug 20, 2016
Is decision support outsourcing a mistake? by Daniel J. Power Editor, DSSResources.COM Outsourcing of any organization capability, function or task should be driven by strategy not simply ...	DSS Foundations	Apr 26, 2015
Is Amazon Web Services a 'good fit' for decision support and OLTP? by Daniel J. Power Editor, DSSResources.COM Amazon Web Services (AWS) hosts many popular Web applications including: Instagram, Vine, IFTTT, Netf...	DSS Foundations	Aug 25, 2013
What factors indicate a special study is more appropriate than a DSS? by Dan Power Editor, DSSResources.com Personal and organizational factors, cultural factors, decision factors, information factors and psycholog...	Building DSS	Dec 26, 2015

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