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Project Decisions by Michael Trumper, Lev Virine

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CHAPTER 18

The Art of Decision Analysis Reporting

The results of a decision analysis can be ignored or misinterpreted if they are not reported properly. Interpretations of decision analysis results are affected by cognitive and motivational biases. Decision-makers may have difficulties interpreting results related to probability and risk, especially in the case of rare events with catastrophic outcomes. A number of diagramming tools can help in visualizing the results of project decision analysis and minimize the chance that the results will be misinterpreted.

HOW TO COMMUNICATE THE RESULTS OF DECISION ANALYSIS

A young engineer fresh out of college ...

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