Vanguard Software Presents at 2007 Construction Mediation Conference

Construction Professionals Learn How Decision Tree Analysis Can Aid the Dispute Resolution Process

Cary, NC – March 30, 2007 – Vanguard Software's VP of Professional Services, Brian Lewis, who has a doctorate in Operational Research, delivered an introductory course in Decision Tree Analysis to the American Arbitration Association’s (AAA) 2007 Construction Mediation Conference in Miami, FL. This conference was designed specifically for executives, professionals, and attorneys in the Construction Industry to learn about factors in and approaches to construction mediation.

Presenters discussed how to prevent or resolve disputes that can disrupt and increase costs associated with construction projects. Disputes can happen at any stage of a project, and the best protection that savvy architects, attorneys, owners, developers, contractors, engineers and other construction professionals can have is to be aware of all available dispute resolution options and to select the ones that are appropriate for their projects.

“Vanguard’s goal is to help businesses make better decisions. So opportunities to showcase how modeling techniques can be applied to complex decision-making processes, in this case Decision Tree Analysis to dispute resolutions in the construction industry, are central to our work at Vanguard,” said Lewis. “I think conference attendees gained an appreciation for how these techniques can really help them. Realizing how Decision Tree Analysis concepts are applied, one attendee even invited me to be his advisor on the TV show Deal or No Deal should he ever appear as a contestant.”

Decision Tree Analysis is supported by Vanguard Software’s new Vanguard System™, a comprehensive business solution for improving the quality, reliability, and speed of management decisions. It does this by helping companies collaborate with colleagues on important plans, analyze alternatives using state-of-the-art modeling and simulation techniques, automate routine decisions using expert system technology, and improve overall management effectiveness by adding structure to a normally chaotic process. Business improvement is all about working smarter. Vanguard brings together the people, analytics, and systems required to help businesses operate intelligently.

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About Vanguard Software

Vanguard Software is a privately held corporation founded in 1995 to develop business Decision Support software. Customers in over 60 countries and in every major industry use Vanguard’s software for forecasting, resource optimization, Web-based expert systems, and financial modeling. For more information about Vanguard, visit http://www.vanguardsw.com.