CCBA® and CBAP® Certifications Study Guide

Key things to know when using this technique

Decision analysis is about modeling the consequences or alternative paths that result in certain courses of action being followed for a particular business problem or opportunity.

Decision analysis always includes the following key stages, regardless of which modeling technique is followed:

• Stage 1: Define the problem statement.
• Stage 2: Define the alternatives.
• Stage 3: Evaluate the alternatives.
• Stage 4: Choose an alternative to implement.
• Stage 5: Implement a choice.

The information about a problem, the alternatives, the evaluation criteria, and the recommended options to proceed with are depicted in multiple different types of models. Some of the key models to be familiar with for the exam ...