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 invariably affected by cognitive as well as 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 can minimize the chance that the results will be misinterpreted.
How to Communicate the Results of Decision Analysis
A young engineer fresh out of college was hired by a large oil company. One of his first tasks was to perform an ...
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