Decision Tree Analysis – Decision Trees

More tools from MindTools.  This one to help you analyse the “parts” of a question or problem with steps to lead you to a conclusion.  Grid Analysis  Leadership and management

Excerpt:Decision trees provide an effective method of Decision Making because they:
Clearly lay out the problem so that all options can be challenged.
Allow us to analyze fully the possible consequences of a decision.
Provide a framework to quantify the values of outcomes and the probabilities of achieving them.
Help us to make the best decisions on the basis of existing information and best guesses.

Read full article via Decision Tree Analysis – Decision Trees from MindTools.com.

Advertisements

Comments Off on Decision Tree Analysis – Decision Trees

Filed under Leadership, Operations & Innovation, Management

Comments are closed.