Decision Making
Decision Making - ConceptDraw Office suite provides visual tools that are given support on the stage of the decision making. The Seven Management and Planning Tools is a set for such diagrams: Affinity Diagram, Relations Diagram, Prioritization Matrix, Root Cause Tree Diagram, Involvement Matrix, PERT Chart, Risk Diagram (PDPC).This marketing diagram sample represents decision tree. It was redesigned from the Wikimedia Commons file: Decision Tree on Uploading Imagesv2.svg.
[commons.wikimedia.org/ wiki/ File:Decision_ Tree_ on_ Uploading_ Imagesv2.svg]
"A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. It is one way to display an algorithm.
Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal. ...
A decision tree is a flowchart-like structure in which internal node represents test on an attribute, each branch represents outcome of test and each leaf node represents class label (decision taken after computing all attributes). A path from root to leaf represents classification rules.
In decision analysis a decision tree and the closely related influence diagram is used as a visual and analytical decision support tool, where the expected values (or expected utility) of competing alternatives are calculated.
A decision tree consists of 3 types of nodes:
(1) Decision nodes - commonly represented by squares.
(2) Chance nodes - represented by circles.
(3) End nodes - represented by triangles.
Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal." [Decision tree. Wikipedia]
The marketing diagram example "Decision tree" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
[commons.wikimedia.org/ wiki/ File:Decision_ Tree_ on_ Uploading_ Imagesv2.svg]
"A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. It is one way to display an algorithm.
Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal. ...
A decision tree is a flowchart-like structure in which internal node represents test on an attribute, each branch represents outcome of test and each leaf node represents class label (decision taken after computing all attributes). A path from root to leaf represents classification rules.
In decision analysis a decision tree and the closely related influence diagram is used as a visual and analytical decision support tool, where the expected values (or expected utility) of competing alternatives are calculated.
A decision tree consists of 3 types of nodes:
(1) Decision nodes - commonly represented by squares.
(2) Chance nodes - represented by circles.
(3) End nodes - represented by triangles.
Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal." [Decision tree. Wikipedia]
The marketing diagram example "Decision tree" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
HelpDesk
How to Draw a Decision-Making Diagram
The Decision-Making solution provides ConceptDraw PRO users with vector libraries, containing a full set of flowchart symbols. Also, it offers a number of templates and samples, making short work of creating a graphical view of decision-making processes.Cause and Effect Analysis
Cause and Effect Analysis - The Seven Management and Planning Tools is a tool for Cause and Effect Analysis that allows users to analyze the root causes for factors that influenced the problem. This diagram is constructed separately for each highly prioritized factor. The Diagram is then used for further formulation of potential actions.PDPC
ConceptDraw PRO extended with Seven Management and Planning Tools Solution from the Management Area of ConceptDraw Solution Park is the best software for drawing all types of diagrams from the Seven Management and Planning Tools: Affinity Diagram, Relations Diagram, Prioritization Matrix, Root Cause Analysis Tree Diagram, Involvement Matrix, PERT Chart, and Risk Diagram (PDPC).Fault Tree Diagram
ConceptDraw PRO diagramming and vector drawing software offers the Fault Tree Analysis Diagrams Solution from the Industrial Engineering Area of ConceptDraw Solution Park for quick and easy creating the Fault Tree Diagram of any degree of detailing.Problem solving
Problem Solving - ConceptDraw Office suite is a software for the problem solving. The Seven Management and Planning Tools solution is a set of such tools for investigating complex problems. These tools are exemplary at organizing research, parsing complex problems, providing a structure for the details, helping managers make decisions, and organizing effective communications in a visual manner that keeps everyone involved.Decision Tree Analysis
Decision trees are widely used in operations research. It is mostly applied in decision analysis in order to help and identify that strategy that most likely may lead to reaching a goal. It is also known as a popular tool in machine learning, thus it worth knowing about it from this article.The ConceptDraw PRO diagramming and drawing software is the one that can help with creating the needed drawing, including a decision tree. Making decision tree analysis, it is always easy to make the needed matrix as there are plenty of pre-made templates to be used.
Risk Diagram (Process Decision Program Chart)
The Risk Diagram or Process Decision Program Chart (PDPC) is intended to determine the risks of potential obstacles during the corrective actions that can be at the cases of their incorrect performing, and helps to develop effective preventive actions. Process Decision Program Chart it's kind of contingency plan to limit the risks, it determines the consequential impacts of failures on the activity plans. The Risk Plans and Process Decision Program Charts can be extended on several levels and take the form of tree or hierarchy, this form is incredibly convenient for representing the risks and countermeasures. ConceptDraw MINDMAP is powerful software tool for Business, Marketing and Project Management. It is also ideal for easy designing MINDMAP Risk Diagram or Process Decision Program Chart, due to the included "7 Management and Planning Tools" solution to ConceptDraw Solution Park. We recommend to start with Process Decision Program Chart (PDPC) template opening it from ConceptDraw STORE or from the Output tab at ConceptDraw MINDMAP application.Influence Diagram Software
Influence diagram (ID) is a graphical and mathematical representation of the decision. Influence diagrams are widely used in the decision analysis and in the game theory. They are the alternative to the decision tree. The influence diagram gives to analyst the high-level conceptual view that it can use to build the detailed quantitative model. This sample shows the Influence diagram. It is a directed acyclic graph with three types of nodes: Decision node is drawn as a rectangle, Uncertainty node is drawn as an oval, Value node is drawn as an octagon. The nodes are connected with arcs.- Fishbone Diagram Vs Decision Tree
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