Decision Analysis


  

Stage 1: Situation

Describe the situation you are currently facing. Why is this decision important to you?

· Questions to think:

· What specific decision or problem are you addressing?

· Why does this decision matter to you personally or professionally?

Stage 2: Factors:

Identify the key factors that will influence your decision.

· Questions to think:

· What are the critical factors you need to take into account when making this decision?

· How do these factors impact the choices available to you?

Stage 3: Choices:

List the various alternatives available to you.

· Questions to think:

· What are the different choices you are considering?

· Are there any additional options you should explore?

Stage 4: Criteria:

Specify the criteria you will use to evaluate these choices.

· Questions to think:

· What specific criteria will you use to assess each choice?

· How will you weigh the importance of each criterion?

Stage 5: Analysis:

Analyze each choice using your chosen criteria. Provide a detailed assessment of their strengths and weaknesses.

· Questions to think:

· How does each choice perform when evaluated against your criteria?

· What are the advantages and disadvantages of each choice?

Stage 6: Conclusion:

Conclude by selecting the option/choice that, based on your analysis, appears to be the most suitable.

· Questions to think:

· Which option do you ultimately recommend, and why?

· How does this decision align with your overall goals or objectives?

Stage 7: Lesson learned:

What you learned from this exercise.

· Questions to think:

· What insights did you gain from applying the decision analysis concepts?