Managing of Decisions

Managing of Decisions

The Managing of Decisions feature in Scorport allows users to create, organize, and refine multiple decision models seamlessly. Whether you need to implement a Decision Tree, Matrix Decision, or Range Decision, the platform provides tools to manage your decision logic efficiently and integrate it into strategies.

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Key Features of Decision Management

1. Multiple Decision Models:

   • Users can create and manage several decision models simultaneously.
   • All created decision models can be utilized within a single strategy, regardless of the decision type.
   • Decision types supported:
     • Decision Tree
     • Matrix Decision
     • Range Decision

2. Package-Based Limitations:

   • The number of decision models available depends on the user’s subscription package.
   • Upgrading Packages:
     • Users can increase their decision limits by upgrading to a higher subscription tier.
     • This provides more flexibility and scalability for complex workflows.

3. Decision Model Actions:

   • Create: Build new decision models tailored to specific needs.
   • Edit: Refine or update existing decision models to improve outcomes.
   • Clone: Duplicate a decision model to create a new version with similar logic.
   • Archive: Store decision models for future reference without deleting them.
   • Delete: Permanently remove decision models that are no longer needed.

4. Real-Time Modifications:

   • Modify cut-offs, ranges, and statuses dynamically.
   • Fine-tune logic and adjust decision parameters to reflect updated business requirements.

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Using Decision Models in Strategies

1. Combining Decision Types:

   • In one strategy, users can integrate multiple decision models, such as:
     • A Decision Tree for conditional logic.
     • A Matrix Decision for cross-analyzing scores.
     • A Range Decision for straightforward numerical thresholds.

2. Flexibility and Scalability:

   • The ability to combine decision types ensures flexibility in creating comprehensive strategies.
   • Manipulate and fine-tune decision logic directly within the Strategy Designer.

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How to Manage Decisions

Step 1: Access the Decision Designer

• Navigate to the Decision Designer module from the dashboard.
• View all your decision models in the decision library.

Step 2: Perform Actions

• Select a decision model to perform one of the following actions:
  • Edit: Open the decision model to modify logic, cut-offs, or conditions.
  • Clone: Create a duplicate of the model to test variations or develop new strategies.
  • Archive: Move the model to the archive for future reference.
  • Delete: Permanently remove the model if it is no longer required.

Step 3: Integrate into a Strategy

• In the Strategy Designer, add decision models to your workflow.
• Combine multiple decision types within a single strategy for comprehensive decision-making.

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Benefits of Decision Management

1. Streamlined Organization:

   • Easily manage multiple decision models with an intuitive interface.
   • Archive old models to declutter your library without losing valuable configurations.

2. Flexibility and Precision:

   • Modify and fine-tune decisions in real-time to reflect evolving requirements.
   • Clone and test variations without disrupting original models.

3. Scalable Capabilities:

   • Upgrade your subscription to unlock additional decision model capacity.
   • Use as many decisions as your package allows for complex strategies.

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Example Workflow

1. Create a Decision Tree for applicant eligibility.
2. Add a Matrix Decision to evaluate cross-scores (e.g., Credit Bureau Score vs. Application Score).
3. Use a Range Decision to finalize thresholds for loan approval.

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By managing decisions effectively, users can unlock the full potential of Scorport’s platform to automate, refine, and scale their decision-making processes.