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Handbook of Decision Analysis, 2nd Edition
book

Handbook of Decision Analysis, 2nd Edition

by Gregory S. Parnell, Terry A. Bresnick, Eric R. Johnson, Steven N. Tani, Eric Specking
May 2025
Intermediate to advanced
400 pages
13h 54m
English
Wiley
Content preview from Handbook of Decision Analysis, 2nd Edition

14Enable Decision Implementation

Decision analysts help create potential value. Project managers deliver value.

—Michael Menke

14.1 Introduction

In Chapters 3 and 7, we discuss how to define value so that our decision models can effectively evaluate alternatives in terms of their relative worth. We continue our discussion about value here, but from a different perspective. When we perform a decision analysis, we want to make sure that the decision resulting from the analysis will achieve its intended benefit. All too often, a sound analysis is performed only to sit on a shelf without the recommendations being implemented.

Commitment to action is a key link in the decision quality chain we present in Chapter 5. We emphasize the importance of involving decision‐makers and stakeholders in the decision process. It is easier to implement a decision when key stakeholders understand the need for the decision and the rationale for the alternative selected. When properly done, ...

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Publisher Resources

ISBN: 9781394283880