Decision Analysis Models and Evaluation Methods
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Details: You are back with your project management e-group, and members are eager to learn how things are faring with your project. Others of the group are at an evaluative stage of their respective projects too, so you will read of their work as well. Discuss the Decision Analysis Models and Evaluation Methods used within your organization and their effectiveness.
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Decision Analysis Models and Evaluation Methods are discussed very comprehensively in this explanation.
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Details: You are back with your project management e-group, and members are eager to learn how things are faring with your project. Others of the group are at an evaluative stage of their respective projects too, so you will read of their work as well. Discuss the Decision Analysis Models and Evaluation Methods used within your organization and their effectiveness.
The decision making model used in my organization is the Kepner Tregoe model. My organizations follow four steps in decision making and these are the assessment of the situation, the analysis of the problem, decision analysis and analysis of problem. In general, when there are problems in my organization a decision statement is prepared. For instance, if decision with regards to product development is concerned a statement mentioning possible actions and results is prepared. In the next stage the strategic requirements with regards to the new product, ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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