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.

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