Every Decision is a Risk!

When a decision maker has to choose between a number of viable alternatives with the selection of the best option being influenced by information (usually insufficient) and preferences founded on values and ethics, the decision involves uncertainty and therefor incorporates an element of risk. No process can guarantee a good outcome from every decision, but working through the pragmatic process outlined in this article can help increase the probability of an acceptable outcome.

Download the article from: https://mosaicprojects.com.au/Mag_Articles/AA010_Every_decision_is_a_risk.pdf

For more on decision making see: https://mosaicprojects.com.au/PMKI-TPI-010.php#Decisions

Leave a comment