In system modeling and decision-making, we encounter a variety of distributed sources of data that subsequently are transformed into a collection of sources of knowledge producing an array of results. In general, these results differ from each other and therefore it becomes beneficial to build a consensus and quantify its quality. Furthermore the diversity of knowledge sources implies a granular nature of the findings. 

   We advocate that the issues identified above can be formalized and supported by the formation of algorithmically sound solutions by engaging information granules and invoking the mechanisms of Granular Computing. 

     In this talk, we dwell upon the fundamental ideas and algorithms of Granular Computing such as the principle of justifiable granularity and an optimal allocation of information granularity. We show that the principle of justifiable granularity becomes instrumental in quantifying the diversity of individual sources of knowledge and constructing information granules of type-2. To endow the constructs with a required degree of flexibility, we admit some levels of information granularity across them by elevating their original numeric parameters to information granules.