Sunday, December 28, 2008

Decision Tree Analysis

Decision Tree Analysis
  • is an assessment of the data obtained using the decision tree method to evalute various possible outcomes.
  • allows decision-makers to factor in both probability and impact for each branch of every decision under consideration.
  • indicates the decision that will provide the greatest expected value when all the uncertain implications, costs, rewards and subsequent decisions are quantified.

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Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)