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New Post 1/10/2010 7:19 PM
User is offline marinaht
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Decision Model - how it differs from traditional workflow model  

I am wondering if anyone knows where to find more information about decision model?Any templates and examples of flows? What is the difference between decision and other tarditions models?

 
New Post 1/16/2010 3:58 PM
User is offline Marc Thibault
7 posts
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Re: Decision Model - how it differs from traditional workflow model  

Decision Models are a tool for Decision Analysis and neither have workflow.

Workflows will usually include decision points. If the decision is non-trivial some decision analysis is required. That's a whole set of artefacts associated with one diamond in the workflow.

Say hello to decision trees, zwicky boxes and a whole fascinating galaxy of evaluation, assessment, simulation, etc. tools and techniques.  It won't hurt to start by googling "decision analysis" and "uncertainty".  Portfolio analysis is a sub-genre of this, but since it involves money, it's thorough and well documented.

Another good place to start is Sam Savage's "Flaw of Averages", Excel and a copy of XLSim. Have fun--it's a fun topic.

 

 

 
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