We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is Decision Making Software?

Mary Elizabeth
Updated May 16, 2024
Our promise to you
EasyTechJunkie is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At EasyTechJunkie, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Making a decision is widely viewed as a process with a minimum of five steps. They are: defining the situation, generating alternative possibilities for action, gathering information, selecting the best alternative, and taking action. Software is a computer program that provides an operating system for a computer or performs some task. Decision making software (DMS) is software to help the user in the decision making process. Decision making software is considered a subset of decision support systems (DSS), which have a broader aim, while multi-criteria decision making systems (MCDM) have a narrower aim, which is to assist in making a decision about pre-selected alternatives in the face of conflicting criteria.

There are several ways to categorize decision making software, and one way is by the model of decision making the program is based on. The decision-making models that the software is based on are rational models, rational iterative models, models with a set number of steps — 5, 6, 7, or 9, for example — intuitive models, and other models. Another choice is between the decision tree model of the software, as opposed to the step model or other models that are not trees, such as cognitive mapping software, and matrices. A single person or organization may find different models useful in different situations.

Decision making software is most often sold to businesses, but there are also personal versions and online versions, some of which are free. Some programs are free-standing and others are Microsoft® Excel® add-ins; some are more amenable to being used by groups than others. Some people simply use spreadsheet software as it is to make their decisions, adapting them in whatever ways work for them.

Examples of decision making software include Logical Decisions®, which uses matrices; Banxia® Decision Explorer®, which is cognitive mapping software; Lumenaut®, which is a Microsoft® Excel® add-in that offers decision tree analysis; Vanguard Studio™ with Decision Tree Analysis Add-in, which also offers Markov simulations; and MindDecider®, which offers mind mapping, as well as decision making.

EasyTechJunkie is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Mary Elizabeth
By Mary Elizabeth
Passionate about reading, writing, and research, Mary Elizabeth is dedicated to correcting misinformation on the Internet. In addition to writing articles on art, literature, and music for EasyTechJunkie, Mary works as a teacher, composer, and author who has written books, study guides, and teaching materials. Mary has also created music composition content for Sibelius Software. She earned her B.A. from University of Chicago's writing program and an M.A. from the University of Vermont.
Discussion Comments
By anon312812 — On Jan 09, 2013

This article has enhanced my knowledge about the decision making software. Before reading this article, I just knew there was something called decision making software. I would like to say that it's a very good article and people who are concerned with types of application software or decision making software should read it. It has fulfilled my need.

Mary Elizabeth
Mary Elizabeth
Passionate about reading, writing, and research, Mary Elizabeth is dedicated to correcting misinformation on the...
Learn more
EasyTechJunkie, in your inbox

Our latest articles, guides, and more, delivered daily.

EasyTechJunkie, in your inbox

Our latest articles, guides, and more, delivered daily.