Who Are We? // And What Makes Allovance Tick?
The Allovance Method incorporates science into the art of decision making.
The Allovance Method uses the Analytic Hierarchy Process (AHP) to compare and obtain relative weights among strategic priorities and objectives. The Analytic Hierarchy Process (AHP) is a structured technique for organizing and analyzing complex decisions, based on mathematics and psychology. It was developed by Thomas L. Saaty in the 1970s and has been extensively studied and refined since then. AHP is used to derive ratio scales from both discrete and continuous paired comparisons.
AHP uses pairwise comparisons to compare strategic priorities and objectives in pairs. The relative weights are then calculated in the form of principal eigenvectors from the matrices of comparisons. AHP also calculates an inconsistency ratio to provide a way to measure how consistent the decision makers are when comparing decision factors. Since AHP uses pairwise comparisons to obtain relative weights, it gets cumbersome as the number of priorities, objectives, or alternatives becomes large.
The Allovance Method is a scientifically proven programmatic decision support system platform. This platform can be used for a variety of decision-making applications by walking you through the following: