Decision tree
From apppm
Revision as of 02:46, 18 September 2017 by Frederik Lind (Talk | contribs)
Abstract
Decision tree as a tool in risk management.
When the risks have been identified and the respective impacts and probabilities have been investigated, the decision whether to insure, mitigate, accept or externalise the risk in question will result in different possible outcomes with different probabilities and consequences.
