Skip to main content

Conducting SME Elicitations

  • Chapter
  • First Online:
Business Case Analysis with R
  • 2707 Accesses

Abstract

SME elicitation is the process by which we alleviate, at least temporarily, SMEs from the effects of their biases so that they can think more clearly and creatively about what the future might hold or what might veil their ability to possess certain knowledge. During the process, we facilitate an enumeration of causative factors that can affect the outcome of an uncertainty that was identified in the influence diagram, and then we assign—via the expert guidance—a measurement to the uncertain outcome as a range of probabilities that spans the range of the outcome.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 16.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    http://www.incitedecisiontech.com/probcal.shtml

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Robert D. Brown III

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Brown III, R.D. (2018). Conducting SME Elicitations. In: Business Case Analysis with R. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3495-2_11

Download citation

Publish with us

Policies and ethics