1. Ever had to make a critical business decision based on a hunch or feeling about its success or failure? For complex investment decisions, a different representation of the information pertinent to the problem—the decision tree—is useful to show the routes by which the various possible outcomes are achieved.
2. In addition to the translation of management's experience and intuition into hard numbers, the value of this process lies in its ability to clarify thoughts and provide a disciplined and rigorous framework for assessing a given endeavour.
3. You will develop a series of questions - "are we confident of the issues?"; "do we have the resources and skills?" - and arrive at a series of decisions - "hire outside experts to help"; "proceed with in-house development"; "explore possible bid partners".
4. The decision tree created is then analysed and a set of expected outcomes are presented together with their probabilities of occurring.
5. The only decision tree app on the AppStore which is designed specifically for business management.
6. Each question has a 'yes' or 'no' answer together with an associated probability and each decision has possible rewards and/or costs associated with it.
7. This quantifies and solidifies management's feeling about the endeavour and helps to understand the routes to success more clearly.
8. The flexibility also allows any probability to be updated when new information comes in with the impact on the expected outcome being instantly available.
9. The app allows you to save a file to your device, your local work network or a cloud storage service that you are subscribed to.
10. A detailed bid/no-bid example tree is included in the app which can be used as the basis for your own tree or simply to understand how the process works.
11. Saving to your work network obviously offers increased security over purely cloud-based storage.
Risk Tree ist eine von Tony Turner. entwickelte Business app. Die neueste Version der App, v1.0, wurde vor 1 Jahr veröffentlicht und ist für 14,99 € verfügbar. Die App wird mit 0/5 bewertet und hat über 0 Benutzer Stimmen erhalten.
Risk Tree wird ab 4+ Jahren empfohlen und hat eine Dateigröße von 2.02 MB.
Wenn Ihnen Risk Tree gefallen hat, werden Ihnen Business Apps wie COMFORT HighStreets; Distributor Tork Decision Tree; Aintree Hospital Wayfinding; PRISM Streetlights; ROCKtree’s Customer Mobile App;
Erfahren Sie in diesen 5 einfachen Schritten, wie Sie Risk Tree APK auf Ihrem Android Gerät verwenden:
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