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Decision Consequence Analysis
Decisions regarding environmental challenges can seem daunting. NewFields offers a solution that has helped hundreds of clients gain consensus and make more informed decisions. We use decision consequence analysis (DCA)—a structured process that combines statistics, probability theory, utility theory, game theory and awareness of psychological barriers—to help clients proceed wisely when facing uncertainty. An established technique in pharmaceutical and petroleum industries, DCA lets data drive important decisions and allows adjustment of variables to see the impact on cost and other consequences. Our proprietary Facilitated DCA approach takes the process even further, showing the impact of decisions on all parties in an easy to use format that helps build consensus and binding decisions.
