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Essay Details:
Essay text:
The process must be consistent and open so that R&D executives and managers understand and buy into the decisions.
Why Analytica?
According to project leader, Joseph DiGiacomo, Gore chose Analytica because it offers (1) representation of uncertainties, with Monte Carlo for probabilistic simulation and sensitivity analysis, (2) transparency by providing a visual interface and well-documented model structure, and (3) scalability with flexibility and modularity to allow it to "grow without growing out of control".
The Solution
Gore has developed a standard process employing Analytica with a common framework for reviewing R&D projects...
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