In 2010, the George Boole Foundation, a centre of excellence in digital logic, decision analysis and applied digital technology, launched the Decision Analysis Initiative (DAI 2010-2015) in 2010 as a platform for gathering information and knowledge on Decision Analysis to be applied to investment and project design. An important source of information was the SEEL (Systems Engineering Economics Lab) Library which has purchased all of the Decision Analysis output of the Stanford Research Institute in 1985.
The DAI was a successful activity in delivering a range of practical proposals. See DAI Interim Report. As a result the George Boole Foundation decided to make the Open Quality Standards Initiative part of the second phase of the Decision Analysis initiative (DAI) for 2015-2020 with the mission of identifying appropriate due diligence procedures to emphasise improved design procedures by:
In 2017, the OQSI completed the initial set of procedures as a recommendation OQSI-1 (2017). This is designed to ensure that all relevant factors are taken into account in terms of analyses related to:
|1 McNeill, H.W., & Belko, F., "Towards more effective Project Management", DAI, GBF, London, 2011, ISBN: 978-0-907833-02-4|