Strategic Decision Making


Upcoming Events with ThinQ Decisions:

See ThinQ Decisions at NPF’s Annual Petroleum Economics Conference 27th October. Sign up here.

Join the Society of Decision Professionals (SDP) and ThinQ Decisions (TQD) for a presentation around Risk-Based Decision-Making, 12th November. Register here: TQD at SDP

Follow ThinQ Decisions on Risk Awareness Week 2020. Free Tickets at: Risk Awareness Week 2020



Strategic Decision-Making under Risk and Uncertainty

ThinQ Decisions is an Oslo-based consultancy firm with expertise in applying Decision Science to a broad range of projects and investments. We specialize in supporting complex business decisions and providing a quality driven framework to enable clear and informed choices.


  • Structuring Strategic Opportunities
  • Probabilistic Modeling and Analyses
  • Quality Decision-Making


We bring the framework; do you dare to think innovatively when making decisions in a changing world?

DECISION SCIENCE – A WAY TO QUALITY DECISION-MAKING
  • SUPPORTS STRATEGIC BUSINESS DECISIONS
  • STRUCTURED APPROACH TO COMPLEX DECISIONS
  • DYNAMIC & FLEXIBLE FRAMEWORK APPLICABLE TO AGILE & TRADITIONAL WATERFALL PROJECT MANAGEMENT
DECISION ANALYSIS & ENTERPRISE RISK MANAGEMENT
  • OBJECTIVE FOCUSED STRUCTURING OF OPPORTUNITIES
  • RISK MANAGEMENT, RISK ANALYSIS, AND EVALUATIONS
  • PRODUCE CLEAR INSIGHTS TO DECISION MAKERS FROM UNBIASED & RELIABLE DATA
FRAMEWORK, METHODOLOGIES, & PRACTICES
  • LINKING FRAME, INPUTS AND ANALYTICAL APPROACH FOR VALUE ADDED WORK
  • QUANTITATIVE MODELING: ECONOMIC / NON-ECONOMIC
  • APPLIED STATISTICS: FOCUS ON PREDICTIVE AND PRESCRIPTIVE ANALYSES
GROW SUSTAINABLE DECISION-MAKING CULTURE
  • CAPITAL STEWARDSHIP & RESPONSIBLE INVESTMENT DECISIONS
  • FOSTER A COLLABORATIVE AND EMPOWERED WORKFORCE
  • COMPETENCY DEVELOPMENT: TRAINING, COACHING & MENTORING

We support different sectors to realize the value of opportunities and problems

Energy

With extensive experience from the energy industry we support both petroleum and renewable businesses. We help solve complex problems and opportunities related to greenfield and brownfield investments. We also support service companies with decision quality around development of solutions, cost, incremental value prepositions and bid analysis.

Examples of efforts we support

  • Production and asset development
  • Business Development (organic and non-organic)
  • Solar, wind and hydro-power projects
  • Drilling decisions
  • Exploration, appraisal and prospect evaluations
  • Infrastructure projects
  • Portfolio optimization
  • Project Cost & Schedule Risk Assessment
  • ++
Pharmaceutical & Biotechnology

We evaluate high risk investments in new technologies, R&D and drug developments. We enable you to prioritize your resources and make capital efficient investments. Performing Value of Information (VOI) studies to right-size your clinical trials and testing programs.

Examples of efforts we support

  • Valuation and evaluation of technologies, R&D or drug development
  • Value of Information (Bayesian Statistics) of clinical trials/testing using sensitivity and specificity
  • Healthcare decisions in disease and pandemic situations
  • Real Option evaluations
  • Investment Cost & Schedule Risk Assessment
  • Portfolio optimization
  • ++
Consumer Products & Services

Through quantitative modeling of key uncertainties we help you understand the risks associated with strategic decisions such as distribution and logistics, storage needs, product launching, marketing & sales, and production.

Examples of efforts we support

  • Valuation of marketing campaigns
  • Evaluation of risks associated with launching a new product
  • Optimization of inventory and storage philosophy through queuing-models
  • Real Option evaluations and Value of Information studies
  • Portfolio optimization
  • ++
Industries & Materials

We conduct deterministic and probabilistic analysis that incorporates decisions, micro- and macro uncertainties to give you a full understanding of your investment risk, how this particular investment contributes to the overall portfolio and how the investment should be implemented to maximize value.

Examples of efforts we support

  • Design of facility production capacities
  • Optimization of production and asset development
  • Business Development (organic and non-organic)
  • Infrastructure projects
  • Portfolio optimization
  • Project Cost & Schedule Risk Assessment
  • ++

Finance & IT Services

By the use of probabilistic analysis we help financial services or functions with incorporating micro and macro risks & uncertainties, optimize portfolios, provide financial forecasts, define budget allocation prioritize or take part in due diligence efforts for investments.

Customers and contractors for IT projects could benefit from objective focused framing, structured decision-making framework, and clarity around the project cost & schedule risks.

Examples of efforts we support

  • Financial cash management decisions and prioritization under risk and uncertainty
  • Strategic planning, and budget formation and allocation
  • Framing & facilitation of problems and opportunities
  • Decision governance for IT projects
  • Risk assessments of project overruns (cost & schedule)
Government & Social Investments

We support quality control of concept development, project cost & schedule predictions, early-phase project reviews, and help steer decision-making with multiple conflicting objectives.

Examples of efforts we support

  • Multi-objective decision analysis and risk mitigation
  • Project Cost & Schedule Risk Assessment
  • Mitigation assessments for project development and execution
  • Conduct concept evaluations
  • Act as independent project quality specialist
  • Framing and facilitation of complex projects
  • ++

Customized Training, Coaching & Mentoring

We transfer our knowledge to enhance your workforce capabilities

Our way to make you succeed is to transfer our knowledge to you. We equip you with the methodologies, best practices and tools which help capture value and steer away from bad choices. Explore decision-making in an uncertain world in a sustainable way.

We provide training in the following topics:

  • Training and development for individuals or groups in framing & facilitation, decision analysis modeling and evaluations, economic modeling under risk and uncertainty, and Value of Information (Bayesian Statistics).
  • Solve problems through the use of decisions trees or stochastic models.
  • Provide private coaching or advisory services.

Contact us: info@thinQdecisions.com


Contact us

ThinQ Decisions

CONSULTING CLARITY

Nydalsveien 33

0484 Oslo

Norway

info@thinQdecisions.com


Organization number: 923 608 893