CHAPTER 4
Overview of Decision-Making
As stated earlier, decisions are common in life and in project management. The purpose of decisions, of course, is to accomplish a goal or objective. We normally pick one option or alternative (a course of action or a product) from among several options we are considering. We then proceed to select what we believe to be the best option among the ones we are considering.
People make two types of decisions—(1) instinctive decisions, which are split-second decisions based on immediate perception (and intuition), and (2) thoughtful decisions, which are decisions that are based on our thinking about the consequences of specific decisions. Both types of decisions have their place in our lives. People often use ...
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