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Great Lakes Invaders: Learning about (sea) lampreys 45 Introduction Sea lampreys are prehistoric fish that feed on the blood and bodily fluids of other fish. They invaded the upper Great Lakes through
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01
Understand the problem that needs to be addressed with decision analysis.
02
Identify the objectives and constraints of the decision making process.
03
Gather relevant data and information that will be used in the analysis.
04
Choose a decision analysis method that fits the problem and objectives.
05
Apply the chosen method to analyze the data and make a decision.
06
Review the results and ensure they align with the objectives and constraints.
07
Communicate the decision and rationale to stakeholders.

Who needs application of decision analysis?

01
Business executives who need to make strategic decisions.
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Project managers who need to assess risks and make informed choices.
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Researchers who need to determine the best course of action based on available data.
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Decision analysis is used to make informed decisions by systematically considering all relevant factors.
Anyone who needs to make a decision where the outcomes are uncertain and have significant consequences.
To fill out a decision analysis application, you need to gather all relevant information, identify options, assess probabilities, evaluate outcomes, and make a decision based on the analysis.
The purpose of decision analysis is to help individuals or organizations make the best possible decisions based on available information and uncertainties.
The application of decision analysis typically includes information on the decision to be made, relevant factors, options, probabilities, outcomes, and the preferred decision.
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