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ModelChoice
Excel add-in for decision tree analysis
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ModelChoice - 2026 Pricing, Features, Reviews & Alternatives
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Last updated: September 2026
ModelChoice overview
What is ModelChoice?
ModelChoice is a Windows desktop Excel add-in that draws and maintains decision trees directly on the worksheet, performing expected value calculations and sensitivity analysis for structured business decisions. Designed for analysts, consultants, and decision-support teams, ModelChoice integrates natively with Excel, allowing users to build, edit, and evaluate decision trees without leaving the spreadsheet environment. The add-in supports multi-stage decision nodes, probability branches, and outcome values, automatically computing expected monetary values across the full tree structure. Sensitivity analysis tools let users test how changes in probabilities or payoffs shift optimal decisions, surfacing the variables that most influence outcomes. All tree data and calculations reside within the Excel workbook, making results auditable, shareable, and compatible with standard Excel workflows. ModelChoice targets finance, operations, consulting, and risk management teams that rely on structured quantitative frameworks to evaluate competing courses of action.
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ModelChoice's key features
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ModelChoice alternatives
ModelChoice
Starting from
950
/user
Per year
Minitab
Starting from
1851
Per year
XLSTAT
Starting from
295
Per year
Yonyx
Starting from
25
/user
Per month
ModelChoice pricing
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