Experiences from Developing an Algorithm to Support Risk-Based Decisions for Offshore Installations

Abstract

We present our experiences from developing a decision model to support risk-based decisions on offshore installations. The model was developed using the DEXi tool for multi- criteria decision modeling. We report on the method we employed, the efforts spent, and the evaluation of the resulting model, including feedback from domain experts representing the target group. In our view the results are promising, and we believe that the approach can be fruitful in a wider range of risk-based decision support scenarios.