Decision Analysis
DECISION ANALYSIS
Definition: A systematic procedure based on thinking patterns used to make choices in the hopes that they are good ones. It involves considering the Elements of a good choice and weighing them against your MUSTS/WANTS and any risks before making a final decision: The book is full of mumbo jumbo on this, but it isn't rocket science. We do some decision analysis almost every time we take a course of action.
1.Develop a Goal or Decision Statement. ACTION Oriented statement. Will imply a decision is necessary. This is simply realizing that a decision/choice must be made and stating the need for a decision. - Provide focus -Identify Level (who? Commander, Resource Advisor, etc.). Be sure that this is concrete. "Fix the air conditioner" is not a good decision statement, it must be more specific.
2. Determine the Criteria OBJECTIVES (Musts and wants): Considering and defining the requirements/factors necessary to make a successful choice. These are the "requirements" and the "options". The "needs" and "wants". The "must have" and the "nice to have". MUSTS are required. WANTS are added extras. MUSTS are mandatory, measurable and specific. WANTS are subjective, not mandatory, desirable traits. Brainstorming. Make sure objectives are not LOADED; this will eliminate possible alternatives by narrowing the focus too much toward a single alternative. BRAINSTORMING
3.Compare alternatives to the criteria. Research to find comparable Alternatives. Matching alternatives against MUSTS will determine "Who can Play". Matching those finalists against WANTS will determine "who will win". This will ensure that decisions are based upon your defined criteria MUSTS and WANTS , priorities for each (weighted factors), and that your possible "courses of action" or alternatives were chosen properly. Involves research!!!
4. Conduct Risk Analysis. Consider the risks involved when making a final choice to ensure the safety and success of the choice.
Definition: A systematic procedure based on thinking patterns used to make choices in the hopes that they are good ones. It involves considering the Elements of a good choice and weighing them against your MUSTS/WANTS and any risks before making a final decision: The book is full of mumbo jumbo on this, but it isn't rocket science. We do some decision analysis almost every time we take a course of action.
1.Develop a Goal or Decision Statement. ACTION Oriented statement. Will imply a decision is necessary. This is simply realizing that a decision/choice must be made and stating the need for a decision. - Provide focus -Identify Level (who? Commander, Resource Advisor, etc.). Be sure that this is concrete. "Fix the air conditioner" is not a good decision statement, it must be more specific.
2. Determine the Criteria OBJECTIVES (Musts and wants): Considering and defining the requirements/factors necessary to make a successful choice. These are the "requirements" and the "options". The "needs" and "wants". The "must have" and the "nice to have". MUSTS are required. WANTS are added extras. MUSTS are mandatory, measurable and specific. WANTS are subjective, not mandatory, desirable traits. Brainstorming. Make sure objectives are not LOADED; this will eliminate possible alternatives by narrowing the focus too much toward a single alternative. BRAINSTORMING
3.Compare alternatives to the criteria. Research to find comparable Alternatives. Matching alternatives against MUSTS will determine "Who can Play". Matching those finalists against WANTS will determine "who will win". This will ensure that decisions are based upon your defined criteria MUSTS and WANTS , priorities for each (weighted factors), and that your possible "courses of action" or alternatives were chosen properly. Involves research!!!
4. Conduct Risk Analysis. Consider the risks involved when making a final choice to ensure the safety and success of the choice.