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Decision Models and Foresight Methodologies. Prof. Ahti Salo Group: Dr.Tech. Juuso Liesiö Tech.Lic. Antti Punkka, Pekka Mild M.Sc. Ville Brummer, Jussi Kangaspunta, Anssi Käki, Antti Silvast, Antti Toppila, Eeva Vilkkumaa. Graduate School Seminar – May 28, 2010 – Tallinn. 1.
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Decision Models and Foresight Methodologies Prof. Ahti Salo Group: Dr.Tech. Juuso Liesiö Tech.Lic. Antti Punkka, Pekka Mild M.Sc. Ville Brummer, Jussi Kangaspunta, Anssi Käki, Antti Silvast, Antti Toppila, Eeva Vilkkumaa Graduate School Seminar – May 28, 2010 – Tallinn 1
Research topicsDecision models and foresight methodologies • Portfolio decision analysis for allocating resources to non-traded investment opportunities • Uncertainties Scenarios & robustness • Multiple criteria Preference modelling • Stakeholders Decision processes • Constraints & dynamics Optimization models • Several resources Efficiency analysis Graduate School Seminar – May 28, 2010 – Tallinn 2
ImpactDecision models and foresight methodologies • International research awards (INFORMS) • Major foresight projects • FinnSight 2015, Strategic Research Agendas • Resource allocation decisions • National funding plans for road maintenance • Standardization investments at Nokia • Efficiency analyses • Identification of cost-effective weapons systems • Funding channels and the productivity of research Graduate School Seminar – May 28, 2010 – Tallinn 3
Where tomorrow?Decision models and foresight methodologies • A world-leader in Portfolio Decision Analysis (PDA) • Book to be published by Springer • Design of information acquisition strategies in project portfolio selection • Relevant to various funding agencies • Collaboration with London Business School • Portfolio optimization of risk management plans • Collaboration with the University of Southern California Graduate School Seminar – May 28, 2010 – Tallinn 4