Integrating scenario planning and goal programming

Integrating scenario planning and goal programming

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Article ID: iaor2008478
Country: United Kingdom
Volume: 12
Issue: 4/5
Start Page Number: 261
End Page Number: 271
Publication Date: Jul 2003
Journal: Journal of Multi-Criteria Decision Analysis
Authors: ,
Keywords: soft systems, probability
Abstract:

This paper concerns the integration of goal programming and scenario planning as an aid to decision making under uncertainty. Goal programming as a methodology emphasises the resolution of conflict among criteria; scenario planning focuses on the treatment of uncertainty relating to future states of the world. Integrating the two methodologies is based on the simple formulation of a super-goal programme consisting of one scenario-specific goal program in each scenario. Issues relating to the structuring of the super-problem, aggregation both within and over scenarios, and the incorporation of probabilistic information are discussed.

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