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Decision Making (Page 2)
August 15th, 2023
OODA Loop process: this article describes the concept of the OODA Loop process, developed by John Boyd in a practical way. Next to what it is (meaning and theory), this article highlights the improatcne of interaction with environment, the…
August 9th, 2023
Multiple Criteria Decision Analysis (MCDA): this article provides a practical explanation of the concept of Multiple Criteria Decision Analysis (MCDA). This article contains a detailed explanation of MDCDA, the steps involved and a practical example. After reading it, you…
August 6th, 2023
Prospect Theory: this article explains the Prospect Theory by Amos Tversky and Daniel Kahneman in a practical way. Next to what is it and the definition, this article also features the Utility Theory, the risks including an example and an…
June 12th, 2023
Analytic Hierarchy Process (AHP): this article describes the Analytic Hierarchy Process (AHP) by Thomas L. Saaty in a practical way. It cover what the AHP is, why and when it is useful, how to apply it and what it looks…
June 5th, 2023
Risk Analysis: this article provides a practical explanation of the concept of Risk Analysis. The article begins with the definition of Risk Analysis, followed by a description of the difference between quantitative risk analysis and qualitative risk analysis. You…
May 31st, 2023
Monte Carlo Simulation: this article explains the Monte Carlo Simulation in a practical way. It covers what the Monte Carlo Simulation is, what its stages are and what its role in risk analysis is. It also provides an example. After…
May 11th, 2023
Critical Thinking: this article describes the Critical Thinking in a practical way. Next to what it is (definition and meaning), this article also highlights it’s origin related to an Assessment, that it is a scientific method, How does it work?…
March 7th, 2023
Ladder of Inference model: this article explains the Ladder of Inference model by Chris Argyris and Peter Senge in a practical way. The article begins with the definition of the Ladder of Inference, followed by a short paragraph about its…
February 16th, 2023
Recognition Primed Decision Making (RPD): this article explains Recognition Primed Decision Making, developed by Gary Klein in a practical way. Next to what it is, this article also highlights an example, definition and objectives, variations, a adapted roadmap RPD process…
February 16th, 2023
Futures Wheel Analysis and Method: this article explains the Futures Wheel by Jerome Glenn in a practical way. Next to what it is, this article also highlights this Method as a brainstorming technique, the five steps of the Futures Wheel…
November 8th, 2022
Borda Count Method: this article provides a practical explanation of the Borda Count Method.
After reading, you’ll understand the basics of this powerful decision-making tool.
This article contains a general explanation of the Borda Count Method,
What Is…
August 23rd, 2022
Consensus Oriented Decision Making Model: this article describes the concept of the Consensus Oriented Decision Making Model, developed by Tim Hartnett in a practical way. After reading you will understand the basics of this powerful decision making tool.
What…
