Exxon has historically been dominated by engineers, who pride themselves on their precise, quantifiable judgments.
When it comes to quantifiable judgments and practical decision-making, the aggregate intelligence of a large, diverse group of people apparently is usually better than that of any given individual, even if the individual is an expert on the question at hand.
To obtain a consensus quantifiable judgments, some synthesizing functions have been proposed.
Analysis of the literature on quantifiable tools for value judgments considered in decisionmaking pointed to multicriteria decision analysis (MCDA).
However, together with this greater closeness to reality, the need to express value judgments in order to finally reach a consensus with regard to the greater or lesser importance of the outcomes, provokes a marked concern over subjectivity and over the difficulty in expressing the said judgments in quantifiable tables.
It is also interesting to note t note note hat, for the participants, in spite of the inclusion of scientific and quantifiable data within medicine, clinical judgment remains important.
The proposed SPAF framework assists geotechnical engineers in formulating and expressing their engineering judgments in a quantifiable and transparent manner.
The use of quantifiable data provided by personalized medicine appears to have little impact on clinical judgment and the relational aspect of the physician-patient relationship, which is founded upon trust.
JOEL STREICKER San Francisco Today's "trackers," Wolf writes, looking to avoid the blind spots and errors of human judgment, "are exploring an alternate route" to "interrogating their inner worlds": numbers and quantifiable data.
While these program evaluations included considerable qualitative inputs and judgment from focus groups, industry experts and management, the final go decision was strongly influenced by quantifiable data and highly rational methods of decision making.
