"In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."
The ability to assess each possible solution based on its advantages, disadvantages, feasibility, and effectiveness.
Root cause analysis: Examining the underlying cause of the problem, rather than just the symptoms, to address it more effectively.
Brainstorming techniques: Methods to generate creative solutions from a group of people or individually.
Cost-benefit analysis: Comparison of the benefits and costs of various solutions to identify the most realistic and practical solution.
SWOT analysis: Identifying the strengths, weaknesses, opportunities, and threats involved in the problem-solving process.
Decision-making models: A systematic approach to choosing between alternatives and reaching a conclusion.
Feasibility analysis: Evaluating the practicality and likelihood of implementing possible solutions.
Risk analysis: Assessing the potential risks and uncertainties involved in solutions before implementing them.
Project management: The process of planning, organizing, and controlling activities to achieve specific goals while considering time, cost, quality, and other constraints.
Iterative testing: Continuously evaluating and fine-tuning solutions based on feedback and testing for optimization purposes.
Data analysis: Gathering and analyzing information to draw conclusions and make informed decisions.
Decision Matrix: A decision matrix is a tool used to evaluate alternatives that are ranked against various criteria. It helps to weigh the importance of different factors that affect the overall decision.
SWOT Analysis: SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis is a structured approach to evaluating the internal and external factors that affect an organization, project or product.
Cost-Benefit Analysis: Cost-benefit analysis is a method of economic evaluation that seeks to compare the monetary cost and potential benefits of different alternatives.
Six Thinking Hats: Six Thinking Hats is a problem-solving technique that involves considering a problem from six different perspectives or points of view.
Pros and Cons: Pros and Cons is a simple technique that involves listing the advantages and disadvantages of each option under consideration.
Brainstorming: Brainstorming is a group technique used to generate creative ideas and solutions by encouraging participants to share their thoughts and ideas.
Pareto Analysis: Pareto analysis (also known as the 80/20 rule) is a technique used to identify the most significant problems or issues and prioritize them based on their impact.
Root Cause Analysis: Root cause analysis is a technique used to identify the underlying cause(s) of a problem or issue.
Fishbone Diagram: A fishbone diagram (also known as an Ishikawa diagram or cause and effect diagram) is a tool used to identify the causes of problems or issues.
Failure Mode and Effects Analysis: Failure mode and effects analysis (FMEA) is a technique used to identify potential failures in a process, product or system and analyze their impact.
"Decision-making (also spelled decision making and decisionmaking)"
"It could be either rational or irrational."
"The decision-making process is a reasoning process based on assumptions of values, preferences, and beliefs of the decision-maker."
"Every decision-making process produces a final choice."
"The final choice may or may not prompt action."
"Research about decision-making is also published under the label problem solving."
"Particularly in European psychological research."
"A final choice"
"Several possible alternative options."
"It could be either rational or irrational."
"Assumptions of values, preferences, and beliefs of the decision-maker."
"Decision making and decisionmaking."
"The final choice may or may not prompt action."
"Research about decision-making is also published under the label problem solving."
"Particularly in European psychological research."
"The selection of a belief or a course of action among several possible alternative options."
"A reasoning process."
"Assumptions of values, preferences, and beliefs of the decision-maker."
"The cognitive process resulting in the selection of a belief or a course of action among several possible alternative options."